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Market Minute: Tiffany Sues Costco Over Sales Of Engagement Rings

Filed under: Market News

By Bernard Vaughan and Jonathan Stempel

Feb 14 (Reuters) – Tiffany & Co (TIF) sued Costco Wholesale Corp (COST) on Thursday to stop the largest U.S. warehouse club chain from selling what it called counterfeit diamond en…

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Two Heads Were Not Better Than One for Arizona Counterfeiter

Filed under: Crime

Counterfeiting money is a detail-oriented art, but one Arizona man who attempted it wasn’t quite scrupulous enough about his fake bills, according to the Prescott Daily Courier: He attempted to pass a forged $100 bill with a picture…

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The Super Bowl of Counterfeiting: Scammers Run Their Own Play Fakes for the Big Game

Filed under: CrimeAccording to Homeland Security officials, the amount of counterfeit merchandise entering the United States is increasing, and the problem is especially acute in the lead-up to an event like the Super Bowl. For instance, federal agents…

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Don’t Get Scammed: Free Fraud Hotline Aims to Aid, Educate

Filed under: Consumer Ally This is International Fraud Awareness Week, when various companies and nonprofit organizations work to educate people about how to avoid becoming victims of financial fraud. Last year, American consumers lost more than $1.7 b…

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Online Buyer Beware: E-Commerce Fraud Is Getting More Sophisticated

As more Americans shop online for the holidays, they’re falling prey to increasingly sophisticated scams. In response, on Cyber Monday, the Justice Department busted 82 sites for allegedly selling counterfeit and pirated goods, …

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