The Pros And Cons Of Counterfeiting

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First, counterfeiting has existed for hundreds of years and is still a problem today. There are two main types of counterfeiting crimes that are commonly committed today – counterfeiting currency, and counterfeiting goods. Both are very serious and will be charged as felonies. Additionally, the specific situation could bring even heavier charges – simply possession a few counterfeit bills may not be charged as seriously as attempting to traffic counterfeit goods across international borders (Federal Charges).The laws and penalties have increased over the years and law enforcement and the court systems are cracking down on the sentences. This still has not slowed down many people or businesses from performing the act of counterfeiting. Second, counterfeit has become a widely used term over time and it counties to grow bigger each year. People are finding ways to make counterfeit money, clothes, makeup, and much more. A report from the Organization for Economic Cooperation and Development put the value of counterfeit goods that crossed international borders at over $250 billion in 2007. That's far larger than other scourges of the underworld economy, such as weapons smuggling and human trafficking. It even rivals the international trade in illegal drugs (Word Press, 2012). This has become a big problem fast for many countries. An in-depth …show more content…

They publish warnings on DVD’s regarding piracy and the jail sentence if they are caught reproducing the movie. Also, there is a wide range of information on the internet regarding the laws, updated news on the topic, as well as the jail sentences if you are caught. The companies are working to prevent the act, but the problem is there are so many people doing it and the laws are not being enforced to show they mean business to stop the problem. People will only continue to do what they are allowed to get away

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