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Friday 9 June 2017

Spain bust Counterfeit Supercar Ring Fake Ferraris and Lamborghinis

Pic credit: Policia Nacional

Spanish police have broken up a ring of supercar counterfeiters who were building fake Ferraris and Lamborghinis out of everyday cars, according to authorities.

On Sunday, the Spanish Policia Nacional reported they had arrested three people for creating counterfeit sports cars in the town of Girona. Authorities stated they found 14 vehicles in various states of transformation, including four cars had already been transformed into Ferrari replicas that were ready for sale; they also stated they found numerous parts that boasted a clear resemblance to official Ferrari and Lamborghini parts, such as speedometers and documents.

Police also said they found "a fully equipped facility for the cultivation of marijuana," as Google Translate puts it, at the shop where the fake Ferraris and lousy Lamborghinis were being made.

The fake supercars were tracked down through a web of online sellers

The Policia Nacional said they were able to track down the supercar counterfeiters through a series of websites selling second-hand cars after first finding one for sale in the town of Benidorm.

Read the full Story: Daily Mail UK



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Amazon's Chinese counterfeit problem is getting worse

Pic: Getty Images

With more sellers and buyers going to purchase to Amazon this appears to attract counterfeiters to a new market place to peddel their wares.

CNBC have published their latest findings on this new trend with Amazon.com is hard at work promoting next week's Prime Day and the more than 100,000 deals available to subscribers. As with all things Amazon, it's intended to be a major party for consumers.

But longtime Amazon sellers like Jamie Whaley are in no mood to celebrate.

A licensed nurse, Whaley started a bedding business on Amazon that reached $700,000 in annual sales within three years. Her patented product called BedBand consists of a set of shock cords, clamps and locks designed to keep fitted bed sheets in place.

Amazon Revenue



Read Full Story: CNBC


 » For trusted authentic luxury products & services

If you enjoyed this post, please consider sharing it, leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.

RELATED ARTICLES
» Help Us Fight Fakes, Alibaba's Impassioned Plea to Global Brands
» Taobao Teams Up With Apple, Gucci To Remove Counterfeit Products
» Bank of China Complies With Subpoena In Gucci Counterfeit Case
» Louis Vuitton Files Suit in Connection with Counterfeit Goods on Alibaba