Counterfeiting is often viewed solely as an intellectual property infringement.
The reality is far broader.
Counterfeit medicines kill.
Counterfeit vehicle parts cause fatal accidents.
Counterfeit electrical equipment starts fires.
Counterfeit luxury goods finance organized crime.
The profits generated by counterfeit trade are frequently laundered through commercial property, logistics companies and international trade.
AML investigations reveal that counterfeiting frequently shares financial infrastructure with drug trafficking, corruption and human trafficking.