International efforts to deter Intellectual Property Crime are underway in Cape Town. Hundreds of billions of dollars are lost worldwide through through this illegal practice. Counterfeit goods range from pharmaceuticals to digital media, music, electronic goods.
Knock-off goods can be highly profitable on a global scale.
In South Africa, the goods do no meet health standards. Senior law enforcement officials, security and industry experts from around the world will gather in Century City today for the 13th International Law Enforcement Intellectual Property Crime conference.
Police Minister Bheki Cele will deliver the keynote address.