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USD 249M Worth of Luxury Imitation Products Seized in Busan, South Korea

The Korean Intellectual Property Office's trademark special investigative police announced on that they had referred a 38-year-old individual, to the prosecution for violating trademark laws by distributing counterfeit goods valued at 340 billion won (USD 249M), including luxury accessories. The person is suspected of having sold more than 40,000 counterfeit products between January and April.…

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