A growing number of Americans are becoming aware of the Federal Reserve System, what it is, how it has precipitated our financial crisis, and how it continues to pursue policies that delay economic recovery and weaken the dollar.
The Supreme Court sidestepped the issue of counterfeit conspiracy Monday in a case that asks how realistic fake money can be before it warrants criminal charges.
As consumers everywhere look to scale back their discretionary spending, many people are cutting corners in what could turn out to be the worst possible place - their drugs - and falling prey to a dangerous new breed of pharmaceutical counterfeiters. Thanks to a spiraling economy and the loss of health insurance that typically accompanies job loss (not to mention huge profits for perpetrators) the global market for knock-off drugs is expected to reach a staggering $75 billion next year, according to a recent report by The Center for Medicine in the Public Interest. The World Health Organization estimates that 10% of the global pharmaceutical supply is counterfeit, and the number is accelerating, especially in developing nations.
Italian police say they've made 96 arrests after busting a European counterfeiting and money laundering ring.
A slim, easy-to-use device that checks the authenticity of medicines would be available in every pharmacy if Facundo Fernandez had his way.
Nneka and Chimezie Ononaku unwittingly poisoned their own four-month-old son Chinonso.
Tiffany & Co. challenged Monday a federal ruling that largely absolved eBay Inc. of policing its auction site for counterfeit items, saying the judge was wrong to leave the primary burden to the jewelry maker
If a vintage Ferrari for $30,000 sounds too good to be true, that's probably because it is.
With recent offerings ranging from "Downfall" to the "The Pianist," it is hard to imagine a tale about the Holocaust that has not been told before.
Each year, any country in the non-English speaking world that wants to be in with a chance of winning must choose just one film to represent the entire output of their country's filmmaking industry.
A growing number of Americans are becoming aware of the Federal Reserve System, what it is, how it has precipitated our financial crisis, and how it continues to pursue policies that delay economic recovery and weaken the dollar.
The Supreme Court sidestepped the issue of counterfeit conspiracy Monday in a case that asks how realistic fake money can be before it warrants criminal charges.
As consumers everywhere look to scale back their discretionary spending, many people are cutting corners in what could turn out to be the worst possible place - their drugs - and falling prey to a dangerous new breed of pharmaceutical counterfeiters. Thanks to a spiraling economy and the loss of health insurance that typically accompanies job loss (not to mention huge profits for perpetrators) the global market for knock-off drugs is expected to reach a staggering $75 billion next year, according to a recent report by The Center for Medicine in the Public Interest. The World Health Organization estimates that 10% of the global pharmaceutical supply is counterfeit, and the number is accelerating, especially in developing nations.
Italian police say they've made 96 arrests after busting a European counterfeiting and money laundering ring.
A slim, easy-to-use device that checks the authenticity of medicines would be available in every pharmacy if Facundo Fernandez had his way.
Nneka and Chimezie Ononaku unwittingly poisoned their own four-month-old son Chinonso.
Tiffany & Co. challenged Monday a federal ruling that largely absolved eBay Inc. of policing its auction site for counterfeit items, saying the judge was wrong to leave the primary burden to the jewelry maker
If a vintage Ferrari for $30,000 sounds too good to be true, that's probably because it is.
With recent offerings ranging from "Downfall" to the "The Pianist," it is hard to imagine a tale about the Holocaust that has not been told before.
Each year, any country in the non-English speaking world that wants to be in with a chance of winning must choose just one film to represent the entire output of their country's filmmaking industry.
What is the best form of resistance when the world around you is corrupts? The Oscar-nominated film The Counterfeiters argues that survival trumps all.
Yuan Hongwei is accused of not just pirating a U.S. glue manufacturer's products but copying the whole company. He has jumped bail and become an unlikely Chinese folk hero
Ten members of an international smuggling ring have been arrested and charged with paying more than $500,000 in bribes to smuggle millions of dollars in fake designer goods from China to the United States, according to the U.S. Justice Department.
Philip Morris USA filed suit against 105 New Jersey and New York retailers Wednesday, alleging they sold counterfeit versions of Marlboro brand cigarettes.
Honest Abe will become Colorful Abe with splashes of purple and gray livening up the $5 bill.
U.S. drugmakers are investing heavily in China, but experts say the People's Republic needs to cast off its image as a maker of toxic recalls before it can rival New Jersey - home of half of the world's top 10 pharmaceutical companies - as a big hub for Big Pharma.
At a stall in a crowded street market in Mong Kok, one of Hong Kong's many busy shopping districts, a vendor with a quick whip of his hands produces from behind a plywood wall a set of Beijing Olympics key rings. They are perfect rubber replicas of the five Olympics mascots: the Fuwas.
eBay Inc. disclosed on Friday that Germany's top court ruled several months ago that the world's largest online auctioneer must do more to halt the sale of counterfeit goods on its site.
Chinese police have busted up two criminal organizations and seized pirated software worth half a billion dollars, the culmination of two years of work with the FBI
Tainted toothpaste that entered the United States from China last month was distributed more widely than the discount stores that carried them, a newspaper reported Thursday.
The diamond ring of the future will radiate its unique beauty -- quite literally -- thanks to a minuscule radio-frequency identification (RFID) chip embedded in it.
U.S. and South Korean envoys in the North Korea nuclear disarmament talks met amid reports that Russia had proposed a solution to an impasse over Pyongyang's access to a frozen $25 million
The United States filed two trade complaints against China on Tuesday at the World Trade Organization over piracy of American books, music, video and movies and limited market access for American products in China.
The United States said Monday it will file two trade complaints against China at the World Trade Organization over piracy of American books, music, video and movies and limited market access for American products in China.
This is already shaping up to be a banner year for one Internet industry. Unfortunately, it's the fraud business.
Federal prosecutors looking into allegations of counterfeit wine sales have sent subpoenas to rare-wine collectors and to some of the world's leading auction houses, including Christie's in London and Zachys in New York, according to a published report.
This is already shaping up to be a banner year for one Internet industry. Unfortunately, it's the fraud business. Though official numbers are scarce, online protection company MarkMonitor says a re...
The amount of counterfeiting is on the rise, according to a published report, helped by the use of digital scanners and printers.
Counterfeit auto parts are costing Ford Motor Co. $1 billion a year, according to a published report.
Where in the world is Ruben Shumpert?
Imagine this: a worldwide network of radio-tagged pharmaceuticals, weeding out the multi-billion dollar counterfeit drug market with a universal security system.
The U.S. Customs department is relaxing its enforcement on the importation from Canada of pharmaceutical drugs for personal use, much to the ire of the industry's trade organization.
They carried fake IDs and used phony names. But the ne'er-do-wells -- actually plain-clothed government investigators -- were able to get into the United States anyway.
Type "avian flu" or "bird flu" into an Internet browser, and you will find Web sites selling "generic Tamiflu," herbal cures, and many other ways to fight the illness.
The Chinese enclave of Macau is known for its gambling, sex trade and Chinese gangsters, with intrigue and shady deals long part of its landscape.
(FORTUNE Magazine) - Gee, counterfeit products are getting so realistic!
U.S. officials have sought to reassure North Korea that a financial crackdown on firms suspected of aiding Pyongyang through alleged counterfeiting is not linked to talks over North Korea's nuclear program.
The new $10 bill starts to circulate Thursday, as the third more colorful bill designed to thwart counterfeiters is rolled out.
Big Brother is watching your Viagra. And your OxyContin. And, within five years, maybe the rest of your medicine cabinet, too.
If you want to go into hiding, get rid of your color printer.
A redesigned $10 bill with new background colors meant to thwart counterfeiters was unveiled Wednesday at a ceremony on Ellis Island in New York Harbor.
Online identity thieves are costing banks as much as a million dollars a month by exploiting lax security at automated teller machines, according to a published report.
Locked in an epic battle over home video piracy in China, Warner Bros. Entertainment apparently is trying a new tactic and one that the movie studio would be highly unlikely to try at home.
Get out! Former "Seinfeld" star Julia Louis-Dreyfus will play the title role in a new CBS sitcom "Old Christine," which is on the network's midseason roster.
In an effort to avoid counterfeit drugs, CVS Corp. said it will no longer buy pharmaceuticals from wholesalers that trade in the secondary drug market.
U.S. athletic shoemaker New Balance is worried about China.
IN THE HARSHLY LIT BACKROOM OF A storefront in New York City's Chinatown, there hangs what appears to be millions of dollars' worth of merchandise. Hundreds of bags bearing the Louis Vuitton logo a...
Federal agents arrested a man on Monday, charging him with possessing and selling more than 1,300 counterfeit badges representing 35 law enforcement agencies, the U.S. Immigrations and Customs Enforcement agency said.
APPLIED DNA Founded by Larry Lee
More redesigned American money went into circulation Tuesday, when government officials became the first to spend a new $50 bill during a ceremony in Washington, D.C.
More redesigned American money goes into circulation Tuesday, when government officials become the first to spend a new $50 bill during a ceremony in Washington, D.C.
Controversial politician Ahmed Chalabi returned to Iraq on Wednesday to face an arrest warrant accusing him of counterfeiting.
Former Iraqi exile leader Ahmed Chalabi and his nephew, the head of the war crimes tribunal, say they will return to Iraq to face what they have called "ridiculous" criminal charges.
The new multi-colored $50 bill will be released Sept. 28, the Federal Reserve announced Wednesday.
The Bureau of Engraving and Printing Monday unveiled a redesigned version of the $50 bill, the latest in a series of currency redesigns intended to thwart counterfeiters.
If you've been waiting to see the redesigned $50 bill, relax. The wait is almost over.
For many New Yorkers, the subway is a necessary evil, an often frustrating part of the city dweller's quest to get from here to there. For Lynne Lambert, it was an idea hiding in plain sight. "I ro...
There wasn't much about Mark Madrane that would have tipped anyone off to what he was really up to. He was a devout Muslim but almost never talked about his religion, acquaintances say. He worked t...
The three-story building in Pinghu had been raided a month earlier for making fake Rolexes. So when a team of Chinese government agents knocked on the door of the Wei Da watch factory in Guangdong ...
The dispatches from John Quirk arrived by telephone at breakneck speed:
The $20 bill the Treasury Department will unveil this fall to combat counterfeiting still features Andrew Jackson's portrait. Good thing. Judging by the new $20's outdated approach to security, Old...
When mega-author Michael Crichton writes, many trees fall. Alfred A. Knopf, the publisher of his latest novel, Airframe, has ordered up a massive two-million print run for starters. There's a $10 m...
Nothing in the photo above is what it appears to be--including senior writer David Stipp, who's modeling a collection of counterfeit goods: Calvin Klein ball cap, Nike and Rolex watches, Ray Bans, ...
One day last September, private investigator Douglas Erb sought enlightenment, as he often does, sitting in the back of a parked truck in central Los Angeles. Hidden behind a black glass window, he...
It's hard to resist the temptation to buy when you see the fancy fakes sidewalk vendors display. But pick the wrong thing, and you will look like a phony--or a fool--to those who know the genuine a...
The Chinese military is making threatening gestures in the direction of Taiwan. U.S.-China tensions are mounting over human rights. Can America afford to slap a billion dollars of punitive tariffs ...
IN THE FIRST MAJOR PAPER CURRENCY REdesign since 1929, the Treasury Department created the new C-note pictured below, which could begin circulating as early as next month, to thwart counterfeiters....
TALK ABOUT A GROWTH INDUSTRY: CHECK fraud has more than doubled since 1991. This year alone, some 1.3 million stolen and counterfeit checks will cost banks and their customers nearly $815 million. ...
Stopping counterfeiters is a relentless battle for brand manufacturers, whose detection systems are foiled by ever clever copiers. The International Anticounterfeiting Coalition Inc. in Washington,...
China's flagrant piracy of American pop music, movies, and computer software is more than the biggest rip-off in global commerce. It's also the latest evidence of the growing and increasingly visib...
High-tech thieves are getting better at defrauding users of ATMs -- meaning you need to be more vigilant than ever about guarding the privacy of your transactions. In the latest case, the Secret Se...
Once renowned as the masters of imitation, Japanese manufacturers of consumer electronics are learning how it feels to fight a war against copycats. A 1992 survey by the Ministry of International T...
Each year just $14 million in counterfeit U.S. bills gets into circulation -- a tiny fraction of the $268 billion circulating worldwide. But digital photocopiers could make funny money a lot easier...
TWO YEARS AGO in Milan, a squad of court officers and lawyers burst into the gloomy headquarters of Montedison, Italy's chemical giant. Sweeping through the building, they ordered employees at comp...
FORTUNES HAVE been made and lost over the ownership of ideas. The concept of intellectual property takes on special urgency in high-technology businesses because invention is the industry's stock i...
If you get sweaty palms every time you stand in a Customs line returning from abroad, you are not the only law-abiding citizen who dreads having to defend his innocence or expose his dirty socks to...
Contemplating a career as a counterfeiter? Put your ascot back in the drawer. A laser technology developed by the Light Signatures subsidiary of Telecredit has exposed fakes of everything from Levi...
ONE AFTERNOON last October, New York City commuters heard a terrifying traffic report over their car radios. From an Enstrom F-28 helicopter circling over the banks of the Hudson River, WNBC report...
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