INVESTIGATORS & SECURITY CONSULTANTS

Fake Cosmetics Worth £100 Million Seized by Police in China

Fake Cosmetics Worth £100 Million Seized by Police in China

Fake cosmetics estimated to be worth almost £100 million – including products packaged to look like the famous brands Chanel, Christian Dior and Estée Lauder – have been seized in a wide-ranging swoop in China.

Police in China’s eastern Taizhou city discovered the products in 1,200 boxes, found during seven raids earlier this month, authorities said late on Wednesday, in social media posts.

The operation has seen 15 suspects being detained, 13 of which have already been charged by prosecutors.

Police started hunting the gang behind the fake cosmetics after they were made aware of a counterfeit toothpaste being sold online a year ago, state news agency Xinhua said.

In an effort to ensure that grievances did not go further, the gang offered instant refunds to anyone who complained about the products.

Xinhua said the syndicate had distributed products throughout China and that this month’s haul had a street value of 827 million yuan (£96m).

http://www.telegraph.co.uk/news/2017/02/16/100m-worth-fake-cosmetics-seized-china-police