July 2, 2010, Newsletter Issue #247: Why Buying Counterfeit Sunglasses Costs You

Tip of the Week

Perhaps you just laid eyes on a pair of Christian Dior sunglasses that you absolutely must own. Paying a few hundred dollars for something you may leave behind at the gym seems silly, so why not buy the discount version? No harm in it, right? Think again. When you buy counterfeit sunglasses, you're actually getting ripped off. Why? The counterfeit business is a cash only, tax-free, $200 billion a year scam. You have to pay the taxes, but the counterfeiters get to keep the profit.

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