Counterfeiting is a $2 trillion industry, and fake luxury items—like Rolex watches, Nike sneakers, and Hermès Birkins—make up the bulk of it. These knockoffs often contain hazardous toxins such as lead and cadmium, and the profits are frequently linked to other forms of criminal activity. As counterfeit goods become increasingly convincing, how can we detect and stop them? 00:00 - Intro 00:48 - What Is A Counterfeit? 02:23 - Jewelry 09:31 - Nike Sneakers 17:35 - StockX 21:43 - Watches 28:51 - Luxury Bags 37:06 - Clothes 39:04 - Christian Louboutins 41:02 - How Counterfeiting Works 44:28 - Investigating The Counterfeiters 47:29 - What Can Consumers Do? 48:02 - Credits Read "I've collected and sold Nike sneakers for 20 years. Spotting fakes is harder than ever, but here's what I look for": trib.al/o4D2q0b ------------------------------------------------------ #luxury #counterfeit #businessinsider #bigbusiness MORE BIG BUSINESS VIDEOS: How One Tiny Country Rivals American Fa...