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Resource ID: #21899
Subject: Fraud
Source: CBS News 60 Minutes
Affiliation: 
Date: Jan. 28

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Description

In this hidden camera investigation, CBS News/60 Minutes look into the underground counterfeit factories of China. One correspondent travelled deep within the country to meet with the owners of these factories, as well as government and law enforcement officials. What he found was a number of different American products being counterfeited, from Callaway golf products to J.K. Rowling's popular Harry Potter series. According to the report, the Chinese economy is heavily reliant upon these counterfeit operations and, as one officer told the reporter, "it's simply the price of doing business in the fastest growing economy in the world."

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