US News Metro Long Island Politics

Sports NFL MLB Olympics NBA NHL College Football College Basketball WNBA

Entertainment TV Movies Music Celebrities Awards Theater

Lifestyle Weird But True Sex & Relationships Viral Trends Human Interest Parenting Fashion & Beauty Food & Drink Travel

Health Wellness Fitness Health Care Medicine Men’s Health Women’s Health Mental Health Nutrition

Science Space Environment Wildlife Archaeology

Today’s Paper Covers Columnists Horoscopes Crosswords & Games Sports Odds Podcasts Careers

Email Newsletters Official Store Home Delivery Tips

Switch between CA and NY editions here.

Scammers fake it ‘til they make it with bogus goods — and we’re all paying the price

See more of our coverage in your search results.

Real talk on faking fakers

Counterfeiting is popping like that old $2 bill. $500 billion lost yearly in nearly every manufacturing sector.

The world is all screwed somewhere — and with fakes.

Khedouri Ezair, CEO of QED Vault, focused on digital product passports, proof of authenticity and supply-chain merchandise: “Counterfeiting is a half-trillion-dollar global crisis — roughly $467 billion. That’s flooding junk in fashion, aerospace, pharmaceuticals, auto parts, electronics, food, cosmetics and probably a partridge in a pear tree. Forget crappy fake handbags.”

Safety, economy and supply now so porous it practically invites skunks in for lunch.

Here’s what specialists have explained to me: “Counterfeiters are technologic, sophisticated, ruthless. An e-commerce network, high-end replication tools, and decentralized shipping tactics hustle junk globally, past customs, and hide in plain sight. They copy labels, packaging,........

© New York Post