Saturday, April 20, 2013

Man who sold up to $40 million worth of counterfeit headphones gets 2 years in jail

Man who counterfeited up to 4 million headphones gets 2 years in jail

A man accused of being one of the "most prolific sellers" of counterfeit electronics in the UK has just been sent down for two and a half years. Over 4,000 KiRFs, mainly consisting of knock-off Sennheiser and Monster headphones, were found at Michael Reeder's address, with a value of around £250,000 ($400,000). However, Sennheiser claims this is just 1 percent of the total number of items Reeder has sold online, which is why the German manufacturer has taken a keen interest in his prosecution. Last year, Sennheiser introduced a series of authentication technologies to prevent counterfeiting that was mainly originating in China -- including QR codes on product packaging that customers can verify online. If Sennheiser's estimate of 400,000 fake items is accurate, then it makes the UK's recent Microsoft Windows scandal look almost like small fry.

Update: Apologies for the earlier stumble with missing zeroes on this post.

Filed under: , ,

Comments

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/EPVGHtgJorU/

Remember Remember The 5th Of November African painted dogs What Time Do Polls Open Krysten Ritter v for vendetta Voting Locations atlanta falcons

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.