Who is tracking down fake Chinese goods? Fake investigators.
Posted by Charles II on December 15, 2015
Via Ritholtz, Erika Kitz of AP.
Person who makes or resells counterfeits presents themselves to a company as an investigator
Investigator is hired by company to hunt down counterfeiters
Investigator presents bribe to government officials to make sure no real investigation happens
Investigator produces fake documents to claim that a raid has been done.
Investigator presents counterfeits to company as proof that counterfeiting has been halted.
It’s a brilliant, efficient economic system. If the goal of the economy is to produce fake goods. It should teach Western companies that if you want to do business in China, you better have roots in China.
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