Counterfeit Goods

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Fake handbags, watches, shoes, perfumes-the business of counterfeit products is the largest underground industry in the world, generating hundreds of billions of dollars for the perpetrators while sapping the economy, putting lives in jeopardy, and funding organized crime in the process. This CNBC program reports on what has become a global crime spree, in which goods are produced and consumed in a world of high risk and high reward. Viewers discover the challenge of effective port inspections, accompany an LAPD anti-counterfeiting unit on raids, and enter back-room factories where forged items are produced. Also profiled: a company whose entire brand was copied and a defense contractor whose counterfeit parts found their way into Iraqi weapons depots.