An NYPD investigation into a counterfeit luxury goods business in New York City culminated Wednesday in six arrests and the recovery of tens of thousands of counterfeit purses and wallets, authorities said.
The fake luxury goods had a total estimated street value of $3.5 million, according to police.
Investigators from the NYPD Trademark Infringement Unit began looking into the La La Fashion store at 115 W. 28th St. about two months ago, police said.
The items seized from the store had been shipped from China, and included counterfeits of designer name products like Tory Burch and Michael Kors, according to police.
For full story, please visit NBC New York.
National Office to Aid IPR Fight
China faces an arduous task fighting IPR infringement as well as the production and sale of fake products, so greater administrative and law enforcement efforts are needed, according to a statement issued after a State Council executive meeting.
The meeting highlighted demand for stricter supervision over manufacturers and inspection over the markets for food, medicine, cosmetics, agricultural materials, construction materials, machinery and electronics, and auto parts.
The office will be set up under the Ministry of Commerce.
For full story, please visit China Daily.
Counterfeit Chips Plague U.S. Missile Defense
Phony electronic parts have wound up at the U.S. Missile Defense Agency seven times in the past five years, its director told Congress on Tuesday. None of the fakes were actually deployed in active combat situations. But if they had, it might have imposed “a cost that could be measured in lives lost,” Lieutenant General Patrick O’Reilly warned the Senate Armed Services Committee Tuesday.
The flood of counterfeit goods creeping into military systems spotlights how vulnerable defense contractors’ supply chains have become, and how tricky it is to regulate them. Because the military tends to use its weapons systems for decades, its contractors have to turn to middlemen with stockpiles of obsolete parts.
For years, the Pentagon has been in overdrive trying to avoid bogus chips from tripping up its ballistic missile protection systems, even worse still, a nightmare scenario of “Trojan horse” circuits from being embedded in parts. But foreign chip-makers — especially those in China — are banging out these chips more and more cheaply, making it harder to track what’s getting mixed into military devices.
To read more on this story, please visit Wired.com.
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