News articles on Black Market Activities

$76 million in counterfeit Cisco parts seized in China over 3 years

From AFP:

US authorities announced Thursday they had seized more than 76 million dollars’ worth of counterfeit Cisco Systems computer equipment manufactured in China over the past three years.Officials said the probe by the FBI and Department of Homeland Security with the Royal Canadian Mounted Police aimed at halting counterfeit network routers, switches, network cards and modules — some of which help protect computer networks important to national security.

Chinese authorities also have cooperated in the Operation Cisco Raider probe, according to US officials.

The Counterfeit Technology Products market is estimated is valued at $100 billion.


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Date
March 3rd, 2008

Author
havocscope


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