Counterfeit Goods Fraud: An Account of its Financial Management

By Anqi Shen, Ph.D, Northumbria Law School
Be Safe Buy Real

Counterfeit goods fraud is reputedly one of the fastest-growing businesses in the world. Considerable academic work has examined the flow of counterfeit goods, but little has examined the financial mechanisms for such work. Anqi Shen and colleagues undertook an exploratory study of the financial management of the counterfeit goods trade. They addressed how counterfeiters secure and sustain financial backing, settle payments, and spend or invest profits. Shen and colleagues interviewed law enforcement and other government officials, academics and researchers, criminal entrepreneurs, legitimate entrepreneurs, and other knowledgeable individuals. 


View the recording of her presentation here.
View all the research summaries and the full recording of the 2020 Virtual Research Symposium here.