Latest news with #counterfeit
News24
4 hours ago
- Business
- News24
Business fined R600k, ordered to supply desks in illicit cigarette plea bargain
Dealing in counterfeit cigarettes earned Uptown Superstore Store in Mpumalanga a massive fine of R600 000 and an order to buy more than 500 desks for four Mpumalanga schools. This after the director of the business entered into a plea agreement with the State in terms of which it pleaded guilty to the Contravention of the Tobacco Products Act, Contravention of Customs and Excise Act, and Contravention of Value Added Tax Act. 'It is an interesting sentence. Criminals are again out of pocket due to their crimes. The community is benefiting from this sentence, and it will definitely assist the next generation in their needs for a better education,' the provincial head of the Hawks, Major General Nico Gerber, said. The Evander Regional Court gave the business three months to comply with the order, Hawks spokesperson Lieutenant Colonel Magonseni Nkosi revealed in a statement. It has to buy 504 durable, quality double-seater desks. Meanwhile, the court withdrew charges against the owners of the business, Riaz Moolla, 42, Fatima Moolla, 62, and Suliman Ismail Moolla, 67, in their personal capacities. The business was charged after 4 710 packets of illicit cigarettes valued at R107 700 were seized from their business on 9 September last year. Riaz was arrested by the Hawks at the time, and a warrant for the arrest against Fatima and Suliman was executed on 17 July. As the director of the business, Suliman entered into the plea agreement.
Yahoo
8 hours ago
- Business
- Yahoo
Trump Organization Sues Amazon, Walmart, eBay Sellers For Marketing 'Inferior Imitations' Of Trump Merch
Trump Organization has filed a lawsuit against several unnamed merchandise sellers on popular marketplaces for allegedly marketing counterfeit Trump-branded products. What Happened: The Trump Organization, owned by President Donald Trump, has accused multiple online sellers, including retail giants like Walmart Inc. (NYSE:WMT), Inc. (NASDAQ:AMZN), and eBay Inc. (NASDAQ:EBAY), of selling 'inferior imitations' of Trump-branded merchandise, reported Fortune. The lawsuit was filed in a U.S. District Court in Florida on Friday. Around 9,000 Amazon sellers earned nearly $140 million from Trump merchandise sales in the months before the election, per Omnisend data. Trending: 7,000+ investors have joined Timeplast's mission to eliminate microplastics—now it's your turn to The lawsuit accuses the defendants of 'improperly advertising, marketing, and/or selling unauthorized and illegal products infringing upon at least a portion of plaintiffs' Trump trademarks.' The decision by the Trump Organization to sue these sellers has sparked controversy among legal experts due to its choice of a Schedule A case. Schedule A cases have become popular among trademark lawyers as they permit the plaintiff to sue a broad range of defendants without naming specific entities, often bypassing costly filing fees. This approach also grants considerable power to the judge's discretion. Legal experts have voiced concerns that Schedule A's broad grouping of defendants could lead to smaller vendors being penalized similarly to large-scale operations. Sarah Fackrell, an intellectual property law professor at Chicago-Kent College of Law, warned about due process issues and the risk of defendants being "railroaded."Why It Matters: This lawsuit comes at a time when the Trump brand is expanding its global presence. Earlier this month, Trump Media & Technology Group Corp. (NASDAQ:DJT) launched its TV streaming service, Truth+, worldwide. The company also operates the Truth Social social media platform. In June, Donald Trump Jr., the executive vice president of The Trump Organization, defended his father's financial gains from a family-owned cryptocurrency company, stating that "he doesn't touch it." This followed the disclosure of a $57.7 million income from World Liberty Financial. In April, Donald Trump's online store began selling merchandise branded with "Trump 2028," despite the constitutional prohibition on a third term presidency. This move raised eyebrows and sparked debates about the family's future political plans. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. Jeff Bezos-Backed Arrived Homes Hits A Big Sale On Charlotte Property – Investors Earning A 34.7% Return Image via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Trump Organization Sues Amazon, Walmart, eBay Sellers For Marketing 'Inferior Imitations' Of Trump Merch originally appeared on
Malay Mail
a day ago
- Entertainment
- Malay Mail
No (fake) labubu for you!: Shanghai police bust gang selling counterfeit Labubu toys
SHANGHAI, July 30 — Police in Shanghai busted a gang making and selling fake Labubus this month, detaining eight people and 5,000 counterfeit toys worth US$1.7 million (RM7.2 million), local state-owned media reported. Made by Beijing-based toymaker Pop Mart, Labubu dolls have become a must-have item internationally, adorning the handbags of celebrities such as Rihanna and Dua Lipa. The furry, fanged creatures, which typically sell for around $40, are released in limited quantities and have caused frenzies at stores around the world. Knock-offs—many of which are also made in China—have flooded online platforms, dubbed 'Lafufus' by social media users. The Shanghai bust in early July uncovered 12-million-yuan (RM7.09 million) worth of fake Pop Mart toys, state-run Shanghai Daily reported late yesterday. Pop Mart notified police when a customer reported that one purchased online was in fact fake. This led to the discovery of an online store that sold fans, speakers and gaming consoles—but was also a front for selling the counterfeits. Police raided a warehouse, detaining eight people and the 5,000 toys, complete with forged trademarks and fake anti-counterfeit stickers, the report said. It is not the first time the fluffy monsters have been associated with crime. In Singapore, CCTV footage captured a family stealing Labubu dolls from a claw machine last year, according to online media outlet AsiaOne. And in June, burglars broke into a store in California and took several Labubu dolls along with electronics and other valuables, US news outlet ABC reported. — AFP
CNA
a day ago
- Entertainment
- CNA
Shanghai police bust gang selling counterfeit Labubu toys
SHANGHAI: Police in Shanghai busted a gang making and selling fake Labubus this month, detaining eight people and 5,000 counterfeit toys worth US$1.7 million, local state-owned media reported. Made by Beijing-based toymaker Pop Mart, Labubu dolls have become a must-have item internationally, adorning the handbags of celebrities such as Rihanna and Dua Lipa. The furry, fanged creatures, which typically sell for around US$40, are released in limited quantities and have caused frenzies at stores around the world. Knock-offs - many of which are also made in China - have flooded online platforms, dubbed "Lafufus" by social media users. The Shanghai bust in early July uncovered 12-million-yuan (US$1.7-million) worth of fake Pop Mart toys, state-run Shanghai Daily reported on late Tuesday (Jul 29). Pop Mart notified police when a customer reported that one purchased online was in fact fake. This led to the discovery of an online store that sold fans, speakers and gaming consoles - but was also a front for selling the counterfeits. Police raided a warehouse, detaining eight people and the 5,000 toys, complete with forged trademarks and fake anti-counterfeit stickers, the report said. It is not the first time the fluffy monsters have been associated with crime. In Singapore, CCTV footage captured a family stealing Labubu dolls from a claw machine last year, according to online media outlet AsiaOne.
France 24
a day ago
- Entertainment
- France 24
Shanghai police bust gang selling counterfeit Labubu toys
Made by Beijing-based toymaker Pop Mart, Labubu dolls have become a must-have item internationally, adorning the handbags of celebrities such as Rihanna and Dua Lipa. The furry, fanged creatures, which typically sell for around $40, are released in limited quantities and have caused frenzies at stores around the world. Knock-offs -- many of which are also made in China -- have flooded online platforms, dubbed "Lafufus" by social media users. The Shanghai bust in early July uncovered 12-million-yuan ($1.7-million) worth of fake Pop Mart toys, state-run Shanghai Daily reported late Tuesday. Pop Mart notified police when a customer reported that one purchased online was in fact fake. This led to the discovery of an online store that sold fans, speakers and gaming consoles -- but was also a front for selling the counterfeits. Police raided a warehouse, detaining eight people and the 5,000 toys, complete with forged trademarks and fake anti-counterfeit stickers, the report said. It is not the first time the fluffy monsters have been associated with crime. In Singapore, CCTV footage captured a family stealing Labubu dolls from a claw machine last year, according to online media outlet AsiaOne. And in June, burglars broke into a store in California and took several Labubu dolls along with electronics and other valuables, US news outlet ABC reported.
