Counterfeit & Illicit Trade Monitor

By Hans Schwab | An illicittrade.com initiative 

Fake Amazon gift cards, phony Walmart sites and other cyber scams tempt holiday shoppers

CLOSE<p>Why wait for Black Friday — or Cyber Monday — to shop? After all, holiday shopping deals are all over the place already. But if you think you're …

Identity Theft

US opioid public health move doesn’t focus on counterfeits

The US President’s declaration of a public health emergency in regards to the country’s opioid epidemic will do “little to help” tackle the rise of …

Scott Gottlieb

The most infuriating fake bits on today’s cars

As manufacturers look to establish new, clear identities among their competitors, car design has taken a few interesting turns.In some cases, that’s …

Autos (Australia)

Counterfeit goods worth hundreds of millions seized by Dubai Police

More than Dh280 million worth of fake goods were taken off the streets of Dubai this year as the authorities sought to tackle a global trade that …

United Arab Emirates

World’s most expensive whiskey turned out to be a fake

The world’s most expensive whiskey has been exposed as fake – after a Chinese businessman paid $10,000 for a single shot.<p>A dram from the unopened …

Scotch Whisky

Amazon And Ebay Opened Pandora's Box Of Chinese Counterfeits And Now Don't Know What To Do

A few years ago in California, a professional cartoonist, a designer of golf putters, a surfer, and a self-professed geek got together and formed a company. No, this isn’t the start of a bad joke, it’s the very real story of four guys and one good idea — a story of grassroots entrepreneurship and …

Adorable

Sheikh Mohammed bin Rashid announces UAE Cabinet reshuffle

New ministers of state for artificial intelligence and food security, with a continuing emphasis on youth, are among the highlights of a reshuffle of …

Middle East

Italy breaks up a Libyan gang smuggling low quality fuel into Europe

Italian police have broken up Libyan fuel-smuggling ring accused of trafficking €30 million euros’ worth of low-quality diesel into Italy and Europe and selling it at the standard price.<p>A Libyan, nicknamed the ‘boss’, and linked to the Sicilian mafia, used small boats to steal fuel from a refinery …

Italy

Smoking Kills: Smuggled Cigarettes a Key Source of Terrorist Group Funding

Terrorist groups used to rely on kidnapping, ransom, extortion and the sale of drugs to finance their activities. Now, smuggling is the best paying …

Water bottles worth more than $12M released by U.S. Customs

<b>UPDATE:</b> <i>A federal judge determined that the shipments of bottles should be released. CBP officers work across the country to</i> <i>protect the American</i> …

South Carolina Lowcountry

Counterfeit goods worth £2m seized and possible victims of modern slavery rescued in raids

Fake designer clothing worth more then £2m was seized - and people suspected of being victims of modern slavery rescued - in a crackdown on organised …

Online fraud: Man orders iPhone 7, gets bar of soap

Online shopping comes with a set of hazards, which sometimes includes the customer being delivered a bar of detergent soap when he's ordered an …

Flipkart

Sharp rise in cyber scams and attacks

An Australian defence contractor is among the victims caught up in online scams and fraud incidents which Australia's cyber security watchdog says …

Cybersecurity

Counterfeit sneaker ring busted after Adidas and Flipper reported fakes on the market

Over the weekend, while Kuala Lumpur Convention Center (KLCC) played host to SneakerLah, the city’s biggest dedicated sneaker and streetwear …

Sneakers

Irish firm to provide DNA traceability for all Swiss beef in €17 million deal

Irish food safety and traceability company <b>IdentiGEN</b> has obtained a major contract in Switzerland, which will see it provide DNA-based traceability …

Agriculture

This activist has a radical new way to combat illicit trade and modern slavery

Combating illicit trade and modern slavery is best done by pressuring companies directly, even when their promises are hollow, according to a leading human rights lawyer and activist.<p>The alternative of introducing legislation as a first step is often inneffective, says Niccolò Figà-Talamanca, …

Theresa May

Scotch whisky uses blockchain to fight counterfeiting

Scotland’s Ardnamurchan Distillery has joined forces with tech firm arc-net to use blockchain technology to secure its bottles.<p>The collaboration will …

Why U.S. Is Probing Bitcoin Scams

In recent years, the U.S. government has moved as fast as a slime mold to catch up with financial wrongdoers. It missed the 2008 credit bubble in an epic way and was never able to head off major market dumps, particularly the mysterious “flash crash” a few years ago.<p>But when it comes to …

Bitcoin

U.S. FDA joins Interpol crackdown on illicit online pharmacies

(Reuters) - Authorities from a record 123 countries, including the U.S. Food and Drug Administration, have taken action against hundreds of businesses suspected of illegally selling medicines over the internet, officials said on Monday.<p>The international police agency, Interpol, said the action, …

A Million Piracy-Enabling Kodi Boxes Have Been Sold in the UK Over the Past Two Years

It's no surprise that piracy enabling set-top boxes, often referred to as Kodi boxes, are popular. But did you know just how popular? According to …

China Piracy and Counterfeiting: Do They Even Matter?

The Surprisingly Subtle Art of Food Fraud

The long history of faked foods includes horse-meat hamburgers, oil-and dust-peppercorns, and corn-syrup honey.<p>Hamburgers that turn out to be horse, not beef. Honey sweetened with high-fructose corn syrup. Old, gray olives dipped in copper-sulfate solution to make them look fresh and green. …

Sugar

Switzerland shuts up shop for providers of ‘fake cryptocurrency’ E-Coin in latest clampdown

A Swiss financial watchdog has closed down providers of a "fake" cryptocurrency called E-Coin.<p>The latest regulatory step follows a series of moves …

This pup is a cyber criminal’s worst nightmare

She has baleful brown eyes and big, floppy ears — but it’s that wet, pink nose that should make cyber criminals quake with terror.<p>Meet Haley the …

Bitcoin bounty hunters to dob on pirates

Australian-based rights holders have gone through the courts to have websites blocked in a bid to crackdown on piracy, however such sites can quickly …

Authorities: Counterfeit sneakers can lead to financing terrorists

Some of the hottest items for sale today are limited edition or rare sneakers -- footwear that inspire a cult-like following and can fetch prices …

How Black-Market Tobacco Funds the World’s Bad Actors

<b>Where does North Korea</b>, whose gross domestic product is less than that of some American cities, get the money to fund its nuclear efforts? Kim …

Four per cent of imports to the UK fake, says OECD

Four per cent of UK imports are counterfeit, which is having a "significant" impact on the British economy, says a new report from the Organisation …

Scammers Are Constructing Fake People to Get Real Credit Cards

On a warm day in May, agents from the FBI and the U.S. Postal Inspection Service descended on a leafy neighborhood in South Carolina and raided the …