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Director / Editor: Victor Teboul, Ph.D.
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OECD: Fake Goods Fuel Terrorism

A study by the Organization for Economic Cooperation and Development says global trade in counterfeit goods is rising, and proceeds from this illegal activity may be larger than the take from illegal drugs, and may help fund terror networks and criminal gangs. Monday's OECD report shows the trade in fake and pirated goods has grown to nearly half a trillion dollars, or about 2.5 percent of global imports. OECD Deputy Secretary-General Doug Frantz says counterfeit goods are the...


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