Most people know that handbags and digital goods are counterfeited around the world. These popular targets are easy (or feasible) to make and sell for a lot of money.
For example, skilled craftsmen in poor countries can make a remarkably real-looking name-brand handbag with relatively little capital equipment and proprietary knowledge. Even if this knockoff is sold for a fraction of the real good’s price, the counterfeiters still makes a handsome profit.
For software, the profit margins are even higher: simply crack one copy of Microsoft Windows and counterfeiters can sell thousands of them for the minimal cost of blank CDs.
These two examples of well-known pirating aren’t that harmful, except that they hurt the profit margins of legitimate businesses and the money earned sometimes fund unsavory entities and activities.
However, unbeknownst to many, counterfeiting is much more than just handbags and digital content. In some of these less known but highly lucrative fields of counterfeiting, the fake products can be quite harmful to consumers.