L.A. cops seize counterfeit goods

It's part of the city's crackdown on pirated movies, music and knock-off apparel. All told, 10 people were arrested and $4-million worth of counterfeit items were seized, the largest tally in the city's history (but clearly just a small portion of what's out there). From CNS (via Bev Hills Courier)

"People who make counterfeit goods are stealing, plain and simple, its the same as picking someone's pocket or shoplifting," City Controller Wendy Greuel said. "We lose more than 100,000 jobs and billions of dollars to our economy each year because of these crimes. "During these difficult economic times, every dollar lost to piracy represents wages lost for hard-working Angelenos," she said.

Since the LAPD launched its anti-piracy team in 2004, 498 arrests have been made and $93.8 million worth of illegal goods have been seized.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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