Webcounterfeit. 1) adj. describing a document, particularly money, which is forged or created to look real, and intended to pass for real. 2) v. to criminally forge or print a false copy of … WebCounterfeit goods synonyms, Counterfeit goods pronunciation, Counterfeit goods translation, English dictionary definition of Counterfeit goods. v. coun·ter·feit·ed , …
Basics of Counterfeit Goods - United States Patent …
Webcosts in enforcing intellectual property rights. There is also an increasing concern that counterfeiting is related to other criminal activities, such as trade in narcotics, money laundering and terrorism. It is estimated that trade in counterfeit goods is now worth more than 5 per cent of world trade. WebCommonly counterfeited goods include pirated CD’s, fake money, fake ID’s, fake bonds and securities and copies of works of art. Trafficking in counterfeit goods is a very serious charge and, if found guilty, a defendant faces a fine of up to $2,000,000, a prison sentence of up to 10 years, or both. Moreover, the financial damages that come ... fiche fsd
Counterfeit Definition & Meaning - Merriam-Webster
WebAug 31, 2024 · Counterfeiting is the manufacture, import, export, distribution, and sale of consumer goods that are not genuine but are designed and branded to look identical to … WebDec 1, 2013 · While the quantitative estimates of product counterfeiting are elusive (Spink and Fejes, 2012), there is a general agreement that it is nearly 7 percent of world trade or over $600 billion (CIB, 1997, CIB, 2007).Furthermore, only 5-10% of the counterfeit products would be considered luxury goods (Phillips, 2005).Lost tax revenues can also … WebAug 11, 2024 · A person who is caught selling, distributing, or manufacturing counterfeit goods can face serious legal penalties under the relevant laws. For instance, the … fiche fromage comté