Statistics by the Anti Counterfeit Authority (ACA) state that an increase in the level of
counterfeiting reduces economic growth.
Among the methods of
counterfeiting banknotes, there are also examples of creating banknotes by using different parts of real banknotes.
Wouldn't it be appropriate, therefore, to classify
counterfeiting as such so as to make the fight global?
incident of
counterfeiting to the law enforcement agencies.
He said that the general public should be encouraged to hand over counterfeit notes that come to their possession to the nearest bank branch / SBP Banking Services Corporation office and to report the incident of
counterfeiting to the Law Enforcement Agencies.
He said that the general public should be encouraged to hand over counterfeit notes that come to their possession to the nearest bank branch and SBP Banking Services Corporation office and to report the incident of
counterfeiting to the law enforcement agencies.
Kyiv: The National Bank of Ukraine is monitoring the withdrawal of counterfeited banknotes from the circulation and confirms a relatively low level of banknote
counterfeiting of the domestic currency in 2017.
The rampant
counterfeiting of drugs has pushed pharma producers to opt for secure solutions."
Costs and impact of
counterfeiting include: health and safety risks, possible recalls, lost trade and tax revenue, cost to seize, store and destroy adulterated products, increased sending on counter measures, and dilution of brand value.
A recent survey commissioned by the Steel Alliance Against
Counterfeiting (SAAC) notes that 53% of respondents in the GCC have personally encountered fake steel products.
criminal prosecution from a food/beverage
counterfeiting operation, was sentenced ...
Further reading: E-commerce Giant Alibaba Accused Companies of Filing False
Counterfeiting Complaints How UGG's Legal Team Is Using Social Media to Fight Counterfeits Makers of Bogus 5-Hour Energy Drinks Convicted in First-of-Its-Kind Case
