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Amazon Creates Counterfeit Crimes Unit to Combat Fraudulent Vendors

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Amazon Creates Counterfeit Crimes Unit to Combat Fraudulent Vendors

Amazon Creates Counterfeit Crimes Unit to Combat Fraudulent Vendors

Amid the COVID-19 pandemic, there have been countless numbers of fraudulent vendors who have attempted to capitalize on the crisis by price gouging, using dishonest or false listings, or even by selling fake items, such as, most notably, the 3M N95 masks. Rather obviously, this is unacceptable, which is why, in response, Amazon has recently announced that it will be creating a Counterfeit Crimes Unit that will seek out all those who violate the law and will help turn their cases over to local and federal courts.

In a recent blog post, Amazon stated that the new Crimes Unit will allow the tech giant to “more effectively pursue civil litigation against suspected criminals, work with brands in joint or independent investigations, and aid law enforcement officials worldwide in criminal actions against counterfeiters.”

The blog post quoted Dharmesh Mehta, Vice President of Amazon’s Customer Trust and Partner Support, as saying, “Every counterfeiter is on notice that they will be held accountable to the maximum extent possible under the law, regardless of where they attempt to sell their counterfeits or where they’re located. We are working hard to disrupt and dismantle these criminal networks, and we applaud the law enforcement authorities who are already part of this fight. We urge governments to give these authorities the investigative tools, funding, and resources they need to bring criminal counterfeiters to justice because criminal enforcement—through prosecution and other disruption measures such as freezing assets—is one of the most effective ways to stop them.”

If you have any additional questions regarding the recent move, how it may impact your business, or any other questions regarding your Amazon business, give our knowledgeable Amazon CPA a call today. Our experienced team is here to help you.

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If you are an Amazon seller and require the assistance of an experienced Certified Public Accountant, please contact Ebiz Accounting for an initial consultation. We provide Amazon business accounting services to clients in New York and throughout the United States. All Amazon sellers should have an accountant they can trust. If you are looking to expand your business, or even form a new one, do not hesitate to reach out to our knowledgeable team today.

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