Companies selling suspect counterfeit product on the increase

Electronicsweekly.com has just reported that in the US a total of 9,539 suppliers in 2012 were reported either for known involvement in high risk, fraudulent and suspect counterfeit-part transactions, or for conduct identified by the government as grounds to debar, suspend or otherwise exclude from contract participation. In all, 78,217 potential high risk firms and suppliers to US government agencies, defence contractors and subcontractors were reported during the period from 2002 to 2011. For more information click here.