Canada’s CBC has done some homework and created a great graphic describing the world’s creation and consumption of counterfeit goods. Data which documents the dollars and percentage of total counterfeit goods is always amazing. The statistic showing that China supplies the lion’s share of counterfeits in the world is never a surprise, but always shocking. And the amount of deaths related to counterfeits we put in our bodies is horrific. We know that some of the people at the lower tier of counterfeit manufacturing don’t quite understand that what they are doing is wrong, but when they are putting drywall dust, as described below, in drug capsules, they must understand that it can’t be good for people.
Click the picture on the left to be redirected for more on this topic. Once redirected, click the ‘Cost of Counterfeit’ tab to see this picture in better detail.
Robb Hammond is the President of AERI and the chair of the Aerospace Industry’s Counterfeit Electronic Components Mitigation Standard for independent distributors, AS6081, which has become one of the industry’s most respected documents, as well as being adopted by the Department of Defense. Robb is one of the foremost thought leaders in the industry on counterfeit detection and speaks regularly at conferences around the globe.