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Counterfeits

Very interesting program on CNBC, crime inc.

Here is the link for a synopsis, if you cannot catch the entire show:

http://www.cnbc.com/id/37824347?__source=vty|crimeinc|&par=vty

It is interesting that in the show, New Balance won in China, after numerous tries, by a lawsuit over 'unfair trade practices' rather than trademark infrigement, etc. But they had to be vigilant and watch, as they return over and over again.

While coins were not mentioned, the enormity of the problem is staggering. They also discuss counterfeit drugs, primarily brought on line, though not always. Very scary stuff. There was also a story about this on 60 minutes a week or two ago.

So, while coins are our focus, the problem covers many aspects of day to day life. Definately worht educating yourselves.

jmc, 3/20/2011
CCRS member since: 4/2/2003
Posts: 3219


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Counterfeits (jmc, 3/20/2011)
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