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In one high-profile counterfeit case, alleged wine fraudster Rudy Kurniawan produced millions of dollars of phony Burgundies, perhaps altering the fine wine market indefinitely, Vanity Fair reports.
Last year, Grenco Science was awarded $47 million in a counterfeit case after suing 65 different online retailers selling knockoffs, which suggests the scope of the problem.
Before joining K2 Intelligence, Arnold and Fishstein both worked on the 2013 Damien Hirst Counterfeit Case where a defendant was accused of trying to pass off fake "spin" and "dot" paintings worth thousands of dollars.
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One of the lawyers involved in subsequent Fendi raids, Anthony Cannatella, who still represents Fendi in counterfeit cases in New York, was taken aback by Day's brazenness.
According to the report, of the 83,000 counterfeit and trademark-infringing cases investigated by the SAIC last year, online counterfeit cases constituted about 300 cases".
Advocates of the technology say it is only used in counterfeit cases and law-abiding people have nothing to worry about.
"A report issued by China's State Administration for Industry and Commerce showed that counterfeiting is still rampant offline, constituting the majority of trademark-infringing and counterfeit cases investigated.
These counterfeit cases have been reported at the rapid alert system of Western Pacific Region of the WHO.
A Microsoft law firm even hired the Lenzner firm earlier this year to assist in a software piracy and counterfeiting case.
Ms. Mauskopf said in a statement that lawyers in her office were reviewing the decision in the counterfeiting case.
Judge John Gleeson of United States District Court in Brooklyn described the testimony of a New York police detective in a counterfeiting case as "a recent fabrication" that "strains credulity".
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