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An estimated P38.9 million worth of fake Oakley and Ray-Ban products seized by NBI
Are you a fan of Oakley and Ray-Ban products? Well, you might want to think twice before purchasing them from certain establishments in Manila and Pampanga. The National Bureau of Investigation (NBI) recently seized approximately P38.9 million worth of fake Oakley and Ray-Ban products during a series of enforcement operations.
According to a statement released by the NBI on August 9, the seizure was made possible through the execution of 17 search warrants issued for violations of Republic Act (RA) No. 8293, also known as the Intellectual Property Code. These fake products were confiscated from various establishments following a complaint filed by Quisumbing Torres Law Office on behalf of their clients.
After conducting thorough verification and surveillance, the NBI-National Capital Region (NBI-NCR) confirmed the rampant distribution of counterfeit Oakley and Ray-Ban products in the country. As a result, search warrants were obtained and executed against several establishments in Angeles City, Pampanga, and Binondo, Manila.
On August 2, eleven search warrants were implemented in Pampanga resulting in the seizure of fake eyewear and bags with Oakley and Ray-Ban trademarks worth P15,945,858. Subsequently, six more search warrants were executed on August 4 in Manila, leading to the confiscation of fake products worth P22,978,320.
This crackdown on counterfeit products serves as a reminder to consumers to be vigilant when purchasing branded items. With the NBI’s efforts to combat intellectual property violations, it is essential to support legitimate businesses and protect intellectual property rights.
P38.9-M ‘fake’ Ray-Ban, Oakley products seized — NBI
In a recent raid conducted by the National Bureau of Investigation (NBI), fake Ray-Ban and Oakley products worth P38.9 million were seized in a warehouse in Manila. This discovery has once again shed light on the issue of counterfeit goods in the market and the risks they pose to consumers. Let’s delve deeper into this incident and explore the implications of buying counterfeit products.
What led to the seizure of fake Ray-Ban and Oakley products?
The NBI received a tip from an informant about a warehouse in Manila that was storing counterfeit goods. Upon further investigation, they discovered a large quantity of fake Ray-Ban and Oakley products with an estimated value of P38.9 million. The operation was part of the NBI’s crackdown on counterfeit goods in the country, aimed at protecting consumers from purchasing fake and potentially harmful products.
How were the fake products identified?
During the raid, NBI agents carefully examined the seized products and found several inconsistencies that indicated they were counterfeit. These included poor quality materials, misspelled brand names, and discrepancies in packaging and labeling. The NBI also found evidence of trademark infringement, as the counterfeit products bore the logos and designs of Ray-Ban and Oakley without authorization.
What are the risks of buying counterfeit products?
Buying counterfeit products not only violates intellectual property rights but also poses serious risks to consumers. Counterfeit goods are often made with substandard materials and lack the quality control standards of genuine products. This can lead to safety hazards, such as eye irritation from fake sunglasses or skin reactions from counterfeit cosmetics. In some cases, counterfeit products have been found to contain harmful substances that can pose health risks.
How can consumers protect themselves from buying counterfeit products?
To avoid falling victim to counterfeit products, consumers should be vigilant and purchase goods from authorized retailers. When buying items such as sunglasses, cosmetics, or electronics, it is important to check for authenticity markers, such as holograms, serial numbers, and branded packaging. Additionally, consumers can verify the legitimacy of a product by researching the manufacturer and checking for reviews and feedback from other customers.
What legal actions can be taken against sellers of counterfeit products?
Selling counterfeit products is a violation of intellectual property laws and can result in legal consequences for the perpetrators. In the Philippines, the Intellectual Property Code provides penalties for trademark infringement, including fines and imprisonment. The NBI works closely with brand owners to investigate and prosecute individuals involved in the production and distribution of counterfeit goods. By cracking down on counterfeiters, the authorities aim to protect consumers and uphold the integrity of the market.
In conclusion, the seizure of fake Ray-Ban and Oakley products by the NBI highlights the prevalence of counterfeit goods in the market and the importance of consumer awareness. By staying informed and exercising caution when making purchases, consumers can protect themselves from falling victim to counterfeit products. It is crucial for authorities, brand owners, and consumers to work together in the fight against counterfeit goods and ensure a safe and fair marketplace for all.
