Before you buy that fake Fendi, you might want to read up on the newest legislation about to be considered by the City Council. Sponsored by City Councilor Margaret Chin (whose district includes Chinatown), the law would criminalize the purchase of counterfeit luxury goods. If the law is passed, buying a fake item could result in a $1,000 fine and up to one year in prison.
The city hopes that by targeting the demand side of counterfeits there will be a drastic drop in the trade. Susan Scafidi, an intellectual property expert and the head of the Fashion Law Institute, said quite succinctly, “A $25 designer handbag can sound like a steal, but add in a $1,000 fine and the bargain becomes a bust. And while the adventure of buying a fake from an unmarked van or secret back room is an attraction for some tourists, no one wants to spend her vacation at the police station.”
Makes you think twice about scouting Canal Street for the most convincing faux bag, doesn’t it?
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