Articles Tagged with ''counterfeit goods ''

An increasingly sought after botanical DNA-based security and authentication solution protects products, brands and intellectual property from counterfeiting and diversion in the United States and Europe.

Seizures of counterfeit imports have increased 53 percent in the last three years, with consumer electronics being the most-seized items. 

29 pharmaceutical companies are pledging money to help Interpol combat counterfeit or illegal drugs, sales of which total $430 billion a year. 

The U.S. economy loses $250 billion to counterfeiting each year, but only a fraction of the goods are ever detected and confiscated by the government. 

Federal agencies have seized 132 domain names that were allegedly selling counterfeit items across the world.

Counterfeit products, including pharmaceuticals, toys and airplane parts, threaten U.S. businesses from all sides. 

Bringing the total of seized sites to 839 in the past two years, the U.S. Immigrations and Customs Enforcement agency has seized 70 more sites selling counterfeit or illegal goods.

U.S. authorities charged 29 people with smuggling $325 million in counterfeit consumer goods from China through a New Jersey port.

During fiscal year 2010, efforts to reduce the trade in stolen intellectual property yielded 19,959 seizures, a 34 percent increase over 2009 numbers, said the U.S. Customs and Border Protection and U.S. Immigration and Customs Enforcement (ICE).