Counterfeiting is a bigger issue than you might think. The International Chamber of Commerce (ICC) expects the value of global counterfeit goods to exceed $1.7 trillion in 2015. The ICC also estimates that counterfeit goods account for more than 5% of world trade.
Money seems to be counterfeited the most. From 2002 – 2011 the U.S. government has removed $103 million – $261 million from circulation. Identification cards are counterfeited often as well. The U.S. Customs and Border Protection at O’Hare airport in Chicago seized over 1,700 counterfeit driver’s licenses in just six months.
Check out the infographic below presented by Camcode to learn more about counterfeiting.
Infographic by Camcode