64-Year-Old Woman Busted for Counterfeiting Luxury Bags Using Her Sewing Machine
A 64-year-old Japanese woman from Tokyo’s Katsushika Ward has admitted to counterfeiting luxury bags and wallets in the comfort of her own home and selling them in her small shop as originals. The unnamed woman’s story began a few years ago when she opened a small bag shop in Katsushika where she tried to sell […]
German Woman Tries to Buy Car with Fake Money Printed on Inkjet Printer
A 20-year-old woman was recently arrested in Germany for walking into a car dealership and trying to by a €15,000 car with fake banknotes printed on a cheap inkjet printer using regular printing paper. The unnamed woman reportedly walked into the car dealership in the German city of Kaiserslautern on Monday wanting to buy a […]
Start-Up Creates Portable Scanner That Can Detect Fake Designer Goods
New York-based startup Entrupy has invented a small, portable scanner that rich people can use to check the authenticity of designer bags in mere seconds. According to data from the Organisation for Economic Co-operation and Development, the global counterfeit industry is worth around 460 billion dollars, a big chunk of which involves counterfeit luxury goods from […]
97% of Counterfeit Money in China Can Be Traced Back to One Insanely Talented Painter
According to a recent report by state media, 96.7% of all counterfeit bills circulating in China originated from templates hand-drawn by Peng Daxiang, an elderly painter who was arrested in 2013. Before being apprehended by police, 73-year-old Daxiang, a native of Shantou, Guangdong Province, had single-handedly managed to produce dozens of printing plates worth millions of yuan without […]