Caribbean News Now!

About Us Contact Us

Countries/Territories

Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.

Contribute

Submit news and opinion for publication

Subscribe

Click here to receive our daily regional news headlines by email.

Archives

Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...

Follow Caribbean News Now on Twitter
Connect with Caribbean News Now on Linkedin
Instagram



News from the Caribbean:




Back To Today's News

Significant spike reported in counterfeit merchandise seized in Puerto Rico
Published on April 12, 2017 Email To Friend    Print Version

counterfeit_goods2.jpg

SAN JUAN, Puerto Rico -- US Customs and Border Protection (CBP) San Juan Field Operations announced on Friday a significant increase of more than 300% in the seizure of counterfeit merchandise during the first two quarters of federal fiscal year (FY) 2017 compared to the same period in FY2016.

The estimated manufacturer’s suggested retail price (MSRP) of all counterfeit products seized exceeds $20 million. The seized merchandise is imported into Puerto Rico via international mail or courier.

CBP protects businesses and consumers every day through an aggressive Intellectual Property Rights (IPR) enforcement program. CBP targets and seizes imports of counterfeit and pirated goods, and enforces exclusion orders on patent-infringing and other IPR goods. But despite these efforts, the internet has made it easy to find, purchase, and ship items from almost anywhere in the world. With a high demand for well-known brands, many online vendors sell counterfeit products online, infringing on various trademark holder’s rights and revenues.

“We urge the people of Puerto Rico, do not purchase counterfeit products,” said Edward Ryan, assistant director of trade for Puerto Rico and the US Virgin Islands. “While you may believe you are getting a similar product, at a discounted price, you are certainly not. These products are often hazardous, manufactured with toxic materials and harmful chemicals, and are bad for your health.”

In the past, seized counterfeits have been found to contain hazardous substances including cyanide, arsenic, mercury, lead, urine and rat droppings.

“HSI recently partnered with CBP by signing the San Juan Trade Enforcement Coordination Center agreement to further strengthen the already in-place excellent working relationship between HSI and CBP in Puerto Rico,” said Ricardo Mayoral, special agent in charge of HSI San Juan. “Trade fraud can have significant implications for the US economy and consumers and frequently violate US health and safety standards, potentially endangering the public. HSI is committed to fighting these fraudulent actors alongside our government partners."
 
Reads: 4964





Click here to receive daily news headlines from Caribbean News Now!




Back...

Comments:

No comments on this topic yet. Be the first one to submit a comment.

Back...

As a result of our comments feature being overtaken in recent weeks by spammers using fake email addresses, producing a large number of bounced verification emails each day, we have reluctantly decided to suspend the comments section until further notice.

Disclaimer
User comments posted on this website are the sole views and opinions of the comment author and are not representative of Caribbean News Now or its staff. Caribbean News Now accepts no liability and will not be held accountable for user comments.
Caribbean News Now reserves the right to remove, edit or censor any comments. Any content that is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will not be approved.
Before posting, please refer to our Terms of Use and Privacy Policy.






Other Headlines:



Regional Sports: