Wednesday, January 23, 2013

Beware Counterfeit Goods

If it seems to good to be true......don't trust it!

Not only are counterfeit goods in many cases unhealthy and unsafe, they are known to fund organized crime and terrorist groups. What goods are we talking about?

  • pirated Cd's: music and movies
  • alcohol
  • prescription drugs
  • power tools
  • light bulbs
  • power cords, circuit breakers and other electrical components
  • food and beverages
  • purses
  • clothing and footwear
  • condoms
  • clothing and footwear
  • personal care products such as aftershave and deodorant
The counterfeiting business is huge, taking a gigantic bite out of our economy and putting our own individual welfare at risk. In most cases only experts trained to spot counterfeit goods can spot them. We ordinary consumers have to rely on buying goods at reliable retailers and making sure the price we pay is the one we expect to pay, not the one we wish we could pay. For the Canadian perspective there is an excellent video here.