Fraud Detection





EU Loses €16 Billion Yearly to Fake Clothing, Cosmetics, Toys

A recent EU Intellectual Property Office study has found that sales of legitimate clothing and footwear, cosmetics and toys suffer annual losses of €12 billion, €3 billion and €1 billion, respectively. Across these sectors, Germany, France, Italy, Spain and Austria incur the biggest losses, with nearly €8 billion in reduced sales of genuine goods.

Fraud Detection - February 15, 2024 midnight

Pallets Are Counterfeited Too

The European Pallet Association (EPAL) UK & Ireland, the umbrella association of licensed producers and repairers of EPAL load carriers, has launched Euro QR code pallets to boost supply chain visibility, improve efficiency, and optimise stock management.

Fraud Detection - February 7, 2024 midnight

Fighting Falsified Medicines – The Novartis Way

Continuing our series of articles on the strategic perspectives of leading brands in their fight against fakes, this month we turn our attention to Novartis, one of the largest pharmaceutical companies in the world, and the fourth largest in terms of revenue in 2022.

Fraud Detection - January 24, 2024 midnight

All That Glitters Is Not Shrimp

Bangladesh is known for having one of the fastest growing populations, but probably not so well-known is the fact that it is also one of the largest exporters of prawns (shrimp) in the world.

Fraud Detection - January 4, 2024 midnight

Ferrari Rewards Public for Reporting Fakes

Ferrari has launched a public reward scheme to crack down on counterfeit products carrying its iconic branding. The scheme involves offering Ferrari gifts to individuals who report products that may be counterfeit or in violation of Ferrari trademarks.

Companies - December 13, 2023 midnight