Pharma Investments, Ventures & Law Weekly
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Electrical Safety Foundation International
Consumer Safety Alert: Counterfeit Electrical Products
May 24th, 2009
More than one million counterfeit electrical products, including extension cords, power strips, batteries, and hair dryers, have been recalled in recent years. Every day, these products are finding their way into our homes, businesses, and public institutions. These fraudulent items pose significant safety hazards, and if left undetected can cause deaths, injuries and substantial property loss in the home and the workplace. The recently released U.S. Customs and Border Protection annual report lists the value of all seized counterfeit and pirated products for the year ending September 30, 2008 as nearly $273 million, a 38 percent overall increase and a 43 percent...
Source: Pharma Investments, Ventures & Law Weekly (2009-05-24)
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