Counterfeit Goods And The Global Market

As globalisation brings in new and various products, counterfeit goods also spread quickly. This has a negative influence on local retailers and trademark owners by taking away part of their local market share, taking advantage of the designs of a brand’s

For several industries in Asia, in particular pharmaceuticals, security issues include fake branded products and the substitution of goods with counterfeit or inferior quality replacements. Recent supply chain security initiatives are also designed to address security problems relating to the sale of counterfeit goods. In August of 2008, Hong Kong customs discovered 2.5m cigarettes in a container that was marked to contain other goods. If these items had not been identified as fake, they could have been sold as original brand goods, resulting in a substantial shortfall in excise income for the Hong Kong Government.

exported about $27 million worth of asbestos products and Nearly 1.7 billion pounds of pesticides were exported from U.S. ports between 2001 and 2003. Nearly 28 million pounds of those pesticides were products forbidden in the U.S. (Peebles, 2013). One of the guidelines for selling these forbidden products to other countries is that disclosure is made to the foreign country that the product they are being sold is banned for sale in the US. By providing them with this information we are giving them the opportunity to decline the potentially dangerous product while making an unethical decision appear to be ethical for the good of the US by cashing in on unsafe items which carry hefty costs to safely dispose of.

The globalization of crime has become a renowned problem for the law worldwide; as societies become more interconnected, an act in one country can have repercussions in another which is across another continent. This is primarily down to technological developments, as nowadays communication between countries is simple compared to decades ago. Alongside this transport is also a major problem, as it means that illegal activities can take place in more than one country as goods are transferred between the two, allowing the criminal world to reach all corners of the world.

launder money and make illegally profits seem legit and how it is. In this paper we will explain

"People will say 'you're not going to stop the criminal from purchasing it' but remember criminals purchase it from someone who purchased it legally. We're trying to prevent that," explains Senator Persaud.

Trading between Belgium and Canada has been made easier ever since Prime Minister Stephen Harper and the European Union agreed on a trade agreement in 2013 that would benefit both countries economically by creating new businesses and making trade easier.

Civil asset forfeitures, mainly from highway interdictions, have resulted in the seizure of at least 2.5 billion dollars in assets and currency (Stop and Seize). 2.5 billion dollars seized from criminal enterprise is great news, but 2.5 billion dollars has not been seized from criminals, instead it has been confiscated from a combination of innocent and guilty persons. In some cases entire businesses may be subject to forfeiture based on the actions of a single employee. Individual citizens have complained of being forced to turn over their property based on weak criminal suspicions under threat of dubious charges (Reid).

Exports and imports, which typically defines foreign trade, are the exchange of goods and services between nations and countries. The expression “send out” intends to do or offer abroad while as “import” is to convey in or purchase from abroad. There are numerous purposes behind exporting and importing. For instance, nations send out products on the off chance that it is one of the world’s couple of suppliers, in the event that it delivers the stock at a lower expense than alternate nations, or if it’s merchandise are popular on account of its extraordinary quality. While as a nation imports on the off chance that it does not have the sure item. The United States has laws regarding what’s imported; however, the United States government should regulate imports more heavily because it increases job opportunities, provides a variety of clothing from different countries and drastically increases revenue.

The purpose behind this research paper is to analyze how transnational criminal organizations (TCOs) are able to exploit the land and sea borders of the United States in order to produce billions of dollars annually. There will be a background completed not on just one specific TCO but the ways that these organizations produce substantial amounts of money. The methods in which they conduct their operations utilizing border crossings or getting through sea ports, as well. Then, finally, an overview on how these TCOs exploit the vulnerabilities of the United States law enforcement agencies and the security personal that are in place to protect the citizens of America from the illicit activities of these TCOs.

This case involves unknown suspects using counterfeit US currency to purchase items, in violation of PC 476-Forgery.

Lockhart, K. (2016, November 25). The UK's online counterfeit economy - by numbers. Retrieved 27 November, 2016, from The Telegraph:

With globalization of trade, it is simple for crimes between criminals in the U.S and other countries to occur. For example, drug dealers from one country sneaking illegal substances and other contraband into packages and ship it off to the U.S. Drug dealers think and plan this smuggling well, in attempts to successfully enter their product into the country to sell and distribute. In 2016, there were large shipments of narcotics coming from the Caribbean to areas of Southwestern U.S. The task force comprised of the U.S Coast Guard, The Drug Enforcement Administration and other agencies. This task force managed to interfere with drug smuggling from the Bahamas and denied traffickers access to do so. (Homeland Security, 2016) There are also products

Transnational crime is a growing problem. Transnational crime is defined as “self-perpetuating associations of individuals who operate transnational for the purpose of obtaining power, influence, monetary and/or commercial gains, wholly or in part by illegal means, while protecting their activities through a pattern of corruption and/ or violence, or while protecting their illegal activities through a transnational structure and the exploitation of transnational commerce or communication mechanisms.” (National Security Council, n.d.) . Transnational crimes are known under other names such as cross-national crime, global crime, international crime, and

One of the major controversies around BTC is its legality. While it has not been made illegal up till now, there have been certain instances like shutting down of Silk Road by FBI which do not give positive indications [6]. It should be noted here that the BTC system was not here the main target but the drug dealing which was happening through it. Regulations are not easy to put around because of the core decentralized anonymous nature of bitcoin technology.