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Law enforcement officials and business owners across the country say they have seen a significant spike in the circulation of counterfeit currency since the economy started to sour.
Every time I give a talk on the luxury business today and I get to the subject of counterfeiting, the same thing happens. The room grows absolutely silent as I put forth the facts: It is estimated that up to 7 percent of our annual world trade — $600 billion worth — is counterfeit or pirated; that fakes are believed to be directly responsible for the loss of more than 750,000 American jobs; that everything from baby formula to medicine is counterfeited, with tragic results; that counterfeiters and the crime syndicates they work with deal in human trafficking, child labor and gang warfare; and that counterfeiting is used to launder money, and the money has been linked to truly sinister deeds such as terrorism.
Counterfeiting is a dangerous and growing enterprise controlled by organized criminals who are exploiting the same trade routes used for trafficking drugs, arms and human beings, the United Nations said in a report released Friday.
Kevin Russell found out it's not easy trying to cash a check from God. The 21-year-old man was arrested Monday after he tried to cash a check for $50,000 at the Chase Bank in Hobart that was signed "King Savior, King of Kings, Lord of Lords, Servant," Hobart police Detective Jeff White said.
Duluth stores busted for counterfeit merchandiseIn the midst of the Great Depression II it is disquieting to read, "Federal officials said the problem of counterfeiting and piracy are growing and cost the U.S.
US Wants Me Dead: Karadzic Jill Starr , bloomingdale: Aug 28 2009 United States : US Wants Me Dead: KaradzicKaradzic said the US envoy not to try him before the UN tribunal if he withdrew from public life. (Reuter)
Senior Pastor of Family Life Church of God under investigation for fraud and counterfeitingAn Archer pastor is being investigated by the Alachua County Sheriff's Office for allegations of fraud and counterfeiting and has been placed on paid leave from the church as its state office conducts its own inquiry.
Foxconn suicide turns spotlight on China counterfeitingOne week after the apparent suicide of a Chinese factory worker accused of stealing a carefully guarded Apple iPhone prototype, one question remains unanswered: what happened to the missing phone?
Just recently I saw an animated movie, I think it was "Monsters vs. Aliens." Pretty good movie I think. In fact, it helped me make my day. But later I started thinking about how I saw this movie. It was copied.
Fake chips worth $36k seized at casinoMelbourne's Crown Casino has uncovered counterfeit gambling chips worth $36,000.
Obama Administration Invokes National Security To Keep Copyright Law Negotiations Behind Closed DoorsPlenty of folks are quite concerned about the Anti-Counterfeiting Trade Agreement (ACTA) negotiations are being negotiated in secret. This is a treaty that (from the documents that have leaked so far) is quite troubling.
Woman Twice Tried To Use Counterfeit Check, Cops SayExcerpt: Nayshamish Hampton tried buying $1,200 in merchandise from Walmart using a counterfeit check, Plant City police say.
'World's biggest' software pirates jailedThe Futian People's Court in Shenzhen, China, handed down sentences to 11 ringleaders of the world's largest software counterfeiting syndicate today.
Even fake money isn't what it used to beThe Secret Service agent in Kansas City peered hard at a counterfeit $100 bill, ran a finger over it and grimaced in disgust. It was bad, ugly work.
Man accused of using fake money at clubExcerpt: UNION CITY, N.J., Nov. 5 (UPI) -- A man in Union City, N.J., created counterfeit money he used to pay for drinks and tips at a bikini club, authorities allege.
Self-portraiture and emerging artistic consciousness in DafenDafen is a village surrounded by the thriving metropolis of Shenzhen, and the origin of most of the world's reproduction oil paintings.
Want to buy a fake Ferrari?Italian police have found a new height of craftsmanship and cunning when they broke up a ring selling fake Ferrari cars for a fraction of the real price.
Waiters, Waitresses Paid To Rip Off Diners...Agents arrested nine people Wednesday accused of being part of a scam that involved waiters and waitresses in Central Florida being paid to steal diners' credit card numbers and other identification. (see pics of the Local Men Arrested In Sting)
WTO investigates Chinese 'piracy'he World Trade Organization (WTO) has launched a formal investigation into a US complaint about piracy in China. A WTO dispute body has now been set up to look into allegations that Beijing has failed to tackle counterfeiting.
Before Models Can Turn Around, Knockoffs FlyCounterfeiting, the direct copying of labels, company names and logos, is already illegal by virtue of trademark law. Selling knockoffs, however, which may appear very similar to high fashion items but do not bear false source indicators, are generally legal.
Fake Money Didn't Fool StrippersA man who authorities say used his computer to make fake $100 bills to buy lap dances at a strip club has pleaded guilty to counterfeiting charges, federal prosecutors said.
Master printer who forged his way to survivalAdolf Burger lost his teeth in Birkenau because he shared his first name with Hitler. He lost his young wife, Gisela, to the gas chambers. And he had long lost all hope of survival when summoned by an SS officer in 1944.
Terror charges axed in 2nd cellphone bomb plotThe spirit of Barney Fife is alive and well in small-town America, but that will hardly amuse the three men recently accused of terrorist crimes in the redneck backwater of Caro, Michigan.
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