counterfeiting News

Marilyn Monroe Is Still a Counterfeiter’s Best Friend

Nearly six decades after her death, Marilyn Monroe is still a popular choice for mugs, T-shirts, jewelry and other products using her name — even illegally. Authentic Brands Group LLC, which owns the rights to the late movie star’s name …

Jury: Costco Should Pay $5.5 Million Plus Damages for Selling Fake Tiffany Rings

Costco Wholesale Corp. should hand over $5.5 million to compensate Tiffany & Co. for selling counterfeit Tiffany diamond engagement rings, a federal jury said on Thursday. Tiffany is also entitled to punitive damages, the jury in Manhattan said. Lawyers for …

ICC Says Impact of Counterfeiting/Piracy to Reach $1.7 trillion by 2015

A new report released from its Paris headquarters by the International Chamber of Commerce (ICC) indicates that the global economic and social impacts of counterfeiting and piracy will reach US$1.7 trillion by 2015 and put 2.5 million legitimate jobs at …