Chinese Counterfeiting Unabated

The Justice Department announced today that they are indicting 22 people for bringing counterfeit goods from China into the US.  The press release says those goods were  ...Trafficked Items that Included Fake Louis Vuitton and Tory Burch Handbags, Michael Kors Wallets, Hermes Belts and Chanel Perfume.  The value of these goods was estimated to be $450 million.  The classes of criminals included the importers, distributors, and internal shippers who apparently knew the goods were counterfeit.  

The Chinese, in spite of promising to do better, have not.  They are still cranking out a variety of goods blatantly counterfeited.  This case took place in the US but there are many places in the world selling the same products.  This is a different kind of intellectual property theft, but it is still IP and trademark theft.  The Chinese were doing this for more than 50 years.  My Marketing professor showed us Parker Pens that were imported from China.  He bought all of his in the Middle East.