CALIFORNIA | LOCAL
October 3, 2013 |
Two Laguna Beach men have been arrested on suspicion of selling counterfeit artwork, Laguna Beach police said Thursday. Vincent Lopreto, 48, and Ronald Bell, 49, are accused of selling fake artwork that they claimed was by Damien Hirst, an English-born artist who has exhibited throughout the world, online and through auction houses. Both men are accused of first-degree identity theft and operating a scheme to defraud. They are being held at the Orange County jail awaiting extradition to New York, where the investigation began.
January 4, 2010 |
About a week before Christmas, I took a stroll around the Los Angeles Toy District and bought a pirated DVD. As I wrote on Dec. 21, curious about the quality of the merchandise for sale on the street, I shelled out five bucks for a copy of the movie "District 9," which was still days away from being available in your local retail store. As I've been informed, quite properly, by readers in and around the movie industry, that casual act made me part of a global problem that is killing jobs and eliminating opportunities for creative people everywhere.
May 4, 1989 |
Fakes of goods ranging from Cartier watches to heart drugs are getting more convincing, costing firms around the world a fortune, according to an independent British business magazine. Director magazine said packaging and quality of counterfeits are now of such a high standard that customers find it virtually impossible to distinguish them from the real thing. "Counterfeit goods are now being produced and sold on an epidemic scale and are costing firms hundreds of millions of pounds (dollars)
July 5, 2010 |
Funny money is no joke for small-business owners. Counterfeit cash cuts into profits at firms, many of which are already struggling in the tight economy, and puts pressure on prices. The fake bills can be hard to spot with an untrained eye, and sophisticated digital printers have made it easier for criminals to create higher-quality bad bills, faster. And the problem appears to be growing. The Secret Service, which is in charge of investigating and preventing counterfeiting, said it helped remove from circulation more than $182 million in fake U.S. currency in the fiscal year that ended Sept.
December 24, 2008 |
Ten tons of chocolate bonbons could stuff a lot of stockings, but instead they will be under the lock and key of French customs agents. The customs service announced that officers at the giant Rungis international market outside Paris seized nearly 33,000 boxes of gold-foil-wrapped morsels, worth an estimated $312,000, on suspicion that they were counterfeit Ferrero Rochers. The counterfeit sweets are to be destroyed.
February 27, 2009 |
EBay Inc. won a German court ruling in a case brought by Rolex Group over sales of counterfeit watches on EBay's website. The decision in Dusseldorf found that Rolex couldn't show that any similar counterfeit goods were offered on EBay after the company had been alerted to the sales. EBay faces a hearing next month in London on similar claims by L'Oreal. EBay has had mixed success in cases over counterfeits, winning last year against Tiffany & Co. and L'Oreal. It lost to LVMH Moet Hennessy Louis Vuitton and Hermes International.