The $2 Trillion Counterfeit Industry: Toxic Risks Behind Fake Luxury Goods
Counterfeiting: A $2 Trillion Global Crisis
From fake Rolex watches and Nike sneakers to counterfeit Hermès Birkins, the booming fake luxury market is not only stealing billions but also putting public health at risk. These knockoffs often contain hazardous toxins like lead and cadmium, substances that can seriously harm consumers.
Even worse, profits from counterfeit goods often fund organized crime and other illegal activities.
As counterfeit products become more sophisticated and harder to detect, the challenge is growing: How do we fight back?
Stricter regulations, smarter technologies, and informed consumers are key to exposing and stopping the counterfeit industry.
Youtube channel credit- Business Insider