Word: counterfeiting
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...broaden its look "and reinforce its price and distribution," says Andy Palmer, account director at London-based ad agency St. Luke's. The company is trying to wean itself off the plaid; less than 15% of its wares now carry it. But will that stop thugs from buying counterfeit items that rip it off? A new floral print planned for next year might see to that. Think Twice Before Merging Five years after Daimler-Benz and Chrysler merged, the transatlantic deal is still under fire from investors. A U.S. court will this week begin hearing charges that the marriage...
...offset printers in the back. The proprietors turned out a creditable line of calendars, brochures and color advertisements, and developed a reputation for attention to detail. But, they allegedly had a sideline business. According to Bulgarian antifraud investigators, the unassuming shop was the source of one of the finest counterfeit €200 notes now in circulation...
...shop was closed down by police in July and the owners, Petar Pavlov and Georgy Panev, were arrested, charged with the production of counterfeit bills and released after four days. Their case is still pending. Yet in November, Bulgarian border police seized another shipment of €79,500 worth of high-quality €50 notes (together with 138 false E.U. passports) allegedly printed at the same shop and destined, they say, for the E.U. Bulgarian forgers are among the most active in Europe, but they are not alone. Across Eastern Europe - and recently in the West as well - skilled forgers...
...CARLO MORI, head of the Carabinieri counterfeit unit...
...India's biggest-ever corruption case emerged this month when Bombay's top policeman, Commissioner R.S. Sharma, went on leave after he was accused by a court-appointed investigator of mishandling the case of Abdul Karim Telgi. A small-time businessman, Telgi is suspected of printing and selling counterfeit government documents, called stamp papers, that can be used as legal tender in India. Telgi's stamp-paper revenue?estimates range from $750 million to $7 billion?was a loss to the National Treasury; it allegedly ended up in his 68 bank accounts and 16 properties. A court in Bombay ordered...