Counterfeit Goods: Crime Inc.ŅThe Underground Economy (Enhanced DVD)

Product Description:

Counterfeit goods take many forms including fake handbags, watches, clothing and even perfume. This industry, reported to the largest in the world, generates hundreds of billions in dollars each year. While generating revenue, it also takes a heavy toll on the economy and puts lives at risk while funding organized crime operations. This hard hitting CNBC program delves into the global trade in counterfeit goods. Viewers will discover which goods are produced, how they are transported and how they make their way to consumers. It is a shadowy world of high risk and high reward that is often hidden from unsuspecting consumers. The program discusses the daily challenges of effective port inspections. Viewers are also given an inside look at a LAPD anti-counterfeiting unit conducting raids. The program also uncovers backroom factories where counterfeit goods are produced. Delving deeper into the issue, the episode profiles a company whose entire brand was derived from an existing brand. Also profiled is a defense contractor whose counterfeit parts were discovered in Iraqi weapons depots. The trafficking of counterfeit goods has been called a global crime spree. While purchasing a counterfeit product may seem innocent, this program helps viewers understand the impact counterfeit goods have on the US economy and its citizens. This program will also help retailers understand the scope of the industry and its signs. Not available in French-speaking Canada. A part of the series Crime Inc.: The Underground Economy. (44 minutes)

Counterfeit Goods: Crime Inc.-The Underground Economy
• Enhanced DVD
• ISBN: 978-1-62102-399-9
• Run Time: 44 Minutes
• Copyright Date: 2011
• CC

Customer Reviews

Fake shoes, perfume, cologne, and other goods these are sold in the counterfeiting business. It is the largest illicit industry in the world, and it brings in hundreds of billions of dollars for those involved. The business also funds organized crime while draining the economy and putting the lives of many at risk. This CNBC program highlights a global crime industry in which fake products are produced and sold in a high reward high risk world.
The difficulties involved with port inspections are shown. Viewers get to see how an LAPD anti-counterfeiting unit performs a raid and get glimpses of makeshift factories where counterfeit items are forged. A company that had its entire brand copied is profiled along with a defense contractor who made counterfeit parts that eventually made their way all the way to a weapons depot in Iraq. This program is not available in French speaking Canada. A part of the series Crime Inc: The Underground Economy. (44 minutes)

Segments in this video include:

Counterfeit Good: Overview The United States is under a barrage of counterfeit goods coming in from its borders, ports, and even the internet. These forged goods cost legitimate businesses $250 billion each year and costs 750,000 jobs as well.

Reason for Counterfeit Boom Just about any product that can be purchased can be made counterfeit, all the way from clothing, to shoes, to medicine and military equipment. The global economy, manufacturing overseas, and the internet have created an environment where counterfeiting has started to grow.

Health and Safety Risks Counterfeiting takes money from several different parts of the economy, and people lose jobs as an end result of it. Most counterfeited products are produced in China. Fake products can come with serious safety risks.

Counterfeit Goods: Crime Inc.The Underground Economy

Enhanced DVD

ISBN: 978-1-62102-399-9

Run Time: 44 Minutes

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