Counterfeit goods are expected to account for two percent of all traded goods by 2015, according to the International Chamber of Commerce. That’s $1.7 trillion worth of products. And they’re not just CDs and fashion items. Industrial equipment, electronics, components, pharmaceuticals, chemicals are all, increasingly, counterfeited. The latest counterfeit identifications come from UL, which noted a fake UL mark, and First Texas Products, which infiltrated a Middle East mining distribution center.
UL on Tuesday identified an AC power adapter marketed by Lite-On Technology Corporation that bears a counterfeit UL Mark for the United States, but has not been evaluated by UL against any safety standards. It is unknown whether the power adapter complies with any safety requirements.
The Model PA-1650-02 power adapter with the counterfeit UL Mark is similar to a Model PA-1650-02 that is authorized to bear the UL Mark. Specifically, the counterfeit Model PA-1650-02 power adapter is marked "JY168" with the bar code "F2TB0522109711." The model authorized to bear the UL Mark is marked "Rev.A05" and bar coded "F4TB0337B00001."
Last week, First Texas Products confiscated Dh900,000 ($243,000) worth of counterfeit Teknetics® gold prospecting equipment after infiltrating a criminal counterfeit distribution organization in Dubai.
A Syrian and a Sudanese national were arrested. Both were, allegedly, employed by an Al Ain-based trading company while marketing Chinese-origin counterfeit Teknetics® T2 metal detectors.
"This result in Dubai demonstrates our determination to close down the illegal shops and distributors," says Tim Mallory, VP, sales and marketing, First Texas Products. "Thanks to the Criminal Investigations Department of the Dubai and Al Ain Police, we have proven that counterfeiters can be brought to justice."
Dubai's leading gold market position has established it as the major transit point and distribution hub for gold prospecting equipment destined for African markets. Counterfeiters infiltrate the Dubai markets, passing off counterfeit products, mechanically identical but technologically inferior, as authentic Teknetics® detectors.
First Texas targeted distributors after trying, unsuccessfully, to pursue the Chinese counterfeit manufacturers. Therefore, “We now turn our focus to their worldwide distribution network,” Tom Walsh, CEO, says.