Los Angeles, CA – Shady Amazon counterfeit practices have not escaped the attention of federal investigators. The U.S. Government Accountability Office (“GAO”) issued a report last week after their undercover investigation of e-commerce counterfeit goods sales, including Amazon. The GAO report concluded in part that “counterfeit goods harm the U.S. economy and can pose a threat to consumers.”
Amazon is no stranger to allegations it enables, facilitates and directly participates as a retailer of counterfeit goods. Amazon receives a transaction fee for each fake sold, profits soar, and Jeff Bezos now ranks on Forbes wealthiest persons list. The downstream consequences are destroyed U.S companies and retailers, lost U.S. jobs and deceived consumers spending good money for bad products.