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The Most Counterfeited Items and How To Spot The Fakes

May 3, 2017

Nobody likes getting ripped off, which is why a boom in counterfeit good is alarming, especially when it comes to your health. US Customs and Border Protection has released a list of the most commonly counterfeited items in the country.  After seizing more than 31,000 shipments of fake goods they have determined the most counterfeit items is apparel (and we're aren't talking about a fake Coach bag either).  Surprising was the amount of fake Super Bowl merchandise that was seized this year. Coming in second place in counterfeit goods are consumer electronics, followed by shoes, watches/jewelry, handbags/wallets, pharmaceuticals/personal care and DVD/Blu-Ray discs. According to to the International Anti-Counterfeiting Coalition, lost profits due to counterfeiting has resulted in the loss of more than 750,000 jobs in the United States. The total market value of the 2016 seized counterfeit goods, had they been genuine, amounted to $1.4 billion. Protect yourself and you dollar by doing some research of the goods you buy, especially online.  Deals that seems too good to be true are probably counterfeit.  If you are able to handle the item, check its packaging. Flimsy or unsealed packages are a good sign it is fake.  Compare items to see the workmanship.  Check the safety labels on electronics.  If they look odd or have spelling/grammatical mistakes, it's fake.

SOURCE: 24/7 Wall Street & WikiHow

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