A 64-year-old Japanese woman from Tokyo’s Katsushika Ward has admitted to counterfeiting luxury bags and wallets in the comfort of her own home and selling them in her small shop as originals.

The unnamed woman’s story began a few years ago when she opened a small bag shop in Katsushika where she tried to sell her original bags. Unfortunately, business wasn’t very good, especially on weekdays, and things only got worse when the pandemic hit. But, as it often happens in our darkest moments, the woman came up with a solution to her problem at the peak of the pandemic. She was watching TV when she saw a segment on the popularity of designer bags and accessories and decided that riding that same wave was her way to success. After doing a bit of research, she found branded fabric and synthetic leather online, ordered some, and began making luxury bag knockoffs using her sewing machine.

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A 20-year-old woman was recently arrested in Germany for walking into a car dealership and trying to by a €15,000 car with fake banknotes printed on a cheap inkjet printer using regular printing paper.

The unnamed woman reportedly walked into the car dealership in the German city of Kaiserslautern on Monday wanting to buy a used 2013 Audi A3. At first, everything went smoothly. She inspected the car, took it for a test drive, but when the time came to pay the €15,000 price, dealership staff were stunned to receive a waddle of €50 and €100 bills that looked more like Monopoly money than actual currency. One employee told German media that he literally asked the woman if she wanted to play Monopoly or buy a car, but after seeing that she was serious, he called the police.

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New York-based startup Entrupy has invented a small, portable scanner that rich people can use to check the authenticity of designer bags in mere seconds.

According to data from the Organisation for Economic Co-operation and Development, the global counterfeit industry is worth around 460 billion dollars, a big chunk of which involves counterfeit luxury goods from brands like Louis Vuitton or Channel. The thing about such fakes is that they are often so well-made that the human eye simply cannot tell them apart from originals. That’s where technology come in. Using a high-quality scanner and deep-learning technology, the brilliant minds behind Entrupy, have come up with a device that allows anyone to check the authenticity of luxury products, anytime, anywhere.

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According to a recent report by state media, 96.7% of all counterfeit bills circulating in China originated from templates hand-drawn by Peng Daxiang, an elderly painter who was arrested in 2013.

Before being apprehended by police, 73-year-old Daxiang, a native of Shantou, Guangdong Province, had single-handedly managed to produce dozens of printing plates worth millions of yuan without the use of computers or other modern technology. Instead, he relied on simple tools like magnifying glasses and film cameras. He apparently made huge profits selling these templates to counterfeiting gangs, charging anywhere between 50,000 yuan ($8,000) and 120,000 yuan ($20,000) per plate.

Officials later discovered that Daxiang, a famous artist in his hometown, was also involved in forging graduate diplomas, official certificates and even food stamps. He was finally sentenced to life imprisonment in 2014, by the Shantou Intermediate People’s Court, on multiple charges including counterfeiting money and forging official documents. All of his possessions were confiscated by the state and he was deprived of political rights for life.

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