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Schaeffler raid four Mumbai offices dealing in fake products

German auto component manufacturer Schaeffler recently conducted raids at four Mumbai companies, dealing in counterfeit FAG rolling bearings.

At these production, packaging and trading firms, police have confiscated 37,000 counterfeit FAG packaging units and labels, 530 counterfeit FAG rolling bearings and 250 FAG master copies as well as various grinding machines and packaging machines.Photo of bearings

The proprietors have been arrested, and criminal proceedings have been instituted. The arrests also serve as a means of deterrence in counterfeiting circles.

The team of investigators from the agency TACT India has identified Mumbai as a central market for these counterfeit products and identified the main protagonists.

However, the firms involved had already learned in advance of the operations and had closed their shops or moved to new storerooms. After five days of waiting, the investigators were able to raid four firms.

Sourced from: EconomicTimes

Schaeffler raid four Mumbai offices dealing in fake products

Author : Lee Pearson   From : Bearingnet   Release times : 2017.10.03   Views : 1379

German auto component manufacturer Schaeffler recently conducted raids at four Mumbai companies, dealing in counterfeit FAG rolling bearings.

At these production, packaging and trading firms, police have confiscated 37,000 counterfeit FAG packaging units and labels, 530 counterfeit FAG rolling bearings and 250 FAG master copies as well as various grinding machines and packaging machines.Photo of bearings

The proprietors have been arrested, and criminal proceedings have been instituted. The arrests also serve as a means of deterrence in counterfeiting circles.

The team of investigators from the agency TACT India has identified Mumbai as a central market for these counterfeit products and identified the main protagonists.

However, the firms involved had already learned in advance of the operations and had closed their shops or moved to new storerooms. After five days of waiting, the investigators were able to raid four firms.

Sourced from: EconomicTimes

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