India - COVID 19: Counterfeit products and fake goods


As misinformation on COVID-19 continues to spread, there is another more serious threat being dispersed through back trade channels and that is of counterfeit goods either for sale at exorbitant prices or fake goods proclaiming to cure or treat the virus. In 2018, Forbes announced that counterfeiting was the largest criminal enterprise in the world1 and the sales of counterfeit and pirated goods totals $1.7 trillion per year, which is more than drugs and human trafficking. This was before we were hit by COVID-19.

You can find the rest of the article in the link below written by by the Corporate Relations Desk at Kochhar & Co.:

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