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New Study of Counterfeit Websites Predicts Continued Explosive Growth

A new study of more than 3,000 websites selling counterfeit products predicts continued growth of the problem.

Profits Encourage Even More Sites
Profits Encourage Even More Sites
May 15, 2012 - PRLog -- NEW YORK -- RogueFinder LLC, working in conjunction with a leading New York-based brand protection law firm the Gioconda Law Group PLLC, released a comprehensive new study of over 3,000 “rogue websites” that have been shuttered by US federal courts in recent years.  Federal courts have also recently issued dramatic financial judgments against a number of fluid networks of rogue websites.

The study found that a primary reason for the continued explosive growth of such networks is that online counterfeiters can collect immense profits by generating over $10,000 in sales with a $1,000 initial investment.  

According to RogueFinder’s data, “this low-risk business model offers a comparable return on investment (ROI) to trafficking in illegal narcotics.”  The report cites evidence from dozens of legal actions filed from 2009 to the present by a number of major brands.

The report found that counterfeiters are using advanced software to warehouse and keep track of thousands of domain names that contain unauthorized trademarks, and are constantly reshuffling their network servers to avoid detection and enforcement against them.

The report also notes that the most commonly accepted form of payment on these sites was Visa, but that MasterCard and PayPal are also commonly accepted.  

SOURCE:  Gioconda Law Group PLLC, 1 Penn Plaza, 36th Floor, New York, NY 10119-0002, 212 786-7549, info@giocondalaw.com, http://www.GiocondaLaw.com


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Contact Email:
***@giocondalaw.com Email Verified
Source:Gioconda Law Group PLLC
Phone:212 786-7549
Location:New York City - New York - United States
Industry:Legal, Computers, Internet
Tags:Sopa, Rogue Websites, Counterfeiting, Piracy, Fakes, Fashion, Handbags, Shoes, Watches, Jewelry
Last Updated:May 15, 2012
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