CBS News/ November 19, 2012, 6:35 AM

China: Ring made, sold almost 1M fake luxury bags

BEIJING Police in China have arrested 73 people suspected of manufacturing and selling almost 1 million fake luxury bags.

The Ministry of Public Security says police seized more than 20,000 fake Louis Vuitton, Hermes and Coach bags and closed 37 sites where the forgery ring made or sold the bags. Police say the ring sold more than 960,000 bags and exported many to the United States and Middle East.

The ministry said Sunday that police in southern Guangdong province uncovered the forgery ring in January and that Chinese agents worked with U.S. customs and immigration officials in the case.

It said authorities seized assets worth $800 million, including unsold counterfeit goods, production equipment and bank accounts.

© 2012 CBS Interactive Inc. All Rights Reserved.
4 Comments Add a Comment
linkicon reporticon emailicon
cbs_bull says:
A right direction to move although it's only a tip of iceberg....
reply
williamsmb replies:
linkicon reporticon emailicon
Yes, this is true. I think the customers also have to be alert as well when they are making a purchasing decision. There are many good designer handbag review sites out there, for example, gagareviews.com . They should check out sites like this before buying any designer brand products.
linkicon reporticon emailicon
jefforsythe says:
The West has been kept in the dark for too long concerning the brutality of the Chinese Communist Party (CCP). It has murdered one hundred million of its own since 1949 and it cares nothing for its people or the people of this World. It cares only about its own paranoid survival because the CCP is terrified that its heinous acts of torture and murder will be exposed and the Party members responsible will have to stand trial for their actions. There are hundreds of slave and brainwashing camps hidden all over China where hundreds of thousands are being enslaved. None of this , including the attempted genocide of a hundred million innocent Falun Gong practitioners, is ever mentioned by Western Governments or Media because of corporate greed. The worst crime of all is the crime against conscience.
reply
cbs_bull replies:
linkicon reporticon emailicon
Good point. There have been a double standard on this by media for a long time ...