Canadian Law Lawyers: Counterfeit And Forgery

Counterfeit product can be defined as imitation of a real product that violates the production monopoly held by either a state or corporation. Counterfeit also describes the forgeries of currency and documents, and imitations of things like clothing, software, pharmaceuticals, watches, electronics, and even company logos and brands. Counterfeit can be divided into three types: counterfeiting of money, counterfeiting of documents and counterfeiting of consumer goods.

Counterfeiting of money
The counterfeiting of money is when a person or a company is producing currency without a legal sanction of the state or government. It is the most serious violation of all the three types. While this type of fraud is often used in popular culture, it actually has the worst effect on real life. Counterfeit money usually leads to more global problems like reduction of the value of real money, increase of prices due to increase of the money supply, decreasing of acceptability of the money and also forces companies to increase prices, because they are usually not reimbursed for receiving fake money . Thats why governments view this violation as a very serious threat for the economic stability of the country and for a long time the counterfeiters were punished by death.

Counterfeiting of documents
The counterfeiting of documents is often called forgery. It is a process of making, adapting, or imitating objects, statistics, or documents, with the intent to deceive a company or a person. It is related to fraud, the crime of deceiving other using objects obtained through forgery. The documents obtained in the result of forgery are called false documents. The forgery of false documents can have various goals from faking the taxes to spreading false information about someone. The punishment also varies depending on the type of case.

Counterfeiting of consumer goods
Today globalization has a big influence on the counterfeit manufacturing. The exact numbers of counterfeiting consumer goods cant even be calculated. Very often the fake products are produced on the same factory with the original ones, without informing the patent holder. The counterfeiting of consumer goods is in some cases is a very dangerous type of producing fake goods. The most dangerous in this case are food and medical products. If these products are manufactured without license and any production standards can lead to health problems and even deaths. In some cases food products even contain a mix of cheaper ingredients instead of the proper product. Also if electronics or machinery is produced not corresponding to the production and safety norms, it can lead to accidents.

Apart from the legal means of punishing the manufacturers who produce the counterfeit goods, the manufacturers of the original products also change the production schemes distributing parts of the product to various factories. It makes cloning of the products harder, by is more risky because if one of the factories fails to deliver the ordered parts, the whole batch will be incomplete and the production process will be stopped. Also lots of manufacturers of expensive goods protect their good with additional serial numbers or holograms.

By:
Tamia Johnson

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