U.S. Customs and Border Protection (CBP) and U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) announced the seizure of more than 176,000 counterfeit sports-related items, worth an estimated $123 million, ahead of this year's Super Bowl.

Fashion has emerged as the most vulnerable counterfeited and pirated goods all over the Internet.

A report by the US Chamber of Commerce’s Global IP Centre says that as much of 86% of the world’s counterfeit goods originate from China.

The market for fake goods is on the rise, with international trade in counterfeited or pirated products valued almost a half a trillion dollars.
 

New York City lawmakers are considering a bill that would make it illegal to buy a fake Rolex watch or Prada handbag from a street vendor.