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Will Ebay Rico Lawsuit Help Stop Counterfeit NCLT Coins

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pocket change 50's Avatar
Canada
1751 Posts
 Posted 10/23/2015  9:59 pm Show Profile   Bookmark this topic Add pocket change 50 to your friends list Get a Link to this Message Number of Subscribers
I just read on ebay community forum, that racketeering charges have been brought against ebay for the selling of counterfeit products. Sadly no mention was made regarding coins. It was alleged negative feedback deleted and ebay failed to take any action.

One article states they bought 200 fake items in the course of doing their research. It would be great if the RCM would contact the law firm of R Rex Paris who is handling the case in the states. I wonder if they if will have a positive impact on coin sales. There's an article in counterfeit report. com mar.30 2015 on ebay lawsuit.
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canadian_coins's Avatar
United States
2408 Posts
 Posted 10/23/2015  10:05 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply
Hi pocket change 50, can you post the link to the article? (if it has no pictures of club member coins of course)

Thanks!
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 10/23/2015  10:19 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
It would be great if the RCM would contact the law firm of R Rex Paris who is handling the case in the states.


Of course, you are assuming that the RCM cares about counterfeits... to date, their actions speak to the contrary...
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Valued Member
United States
214 Posts
 Posted 10/24/2015  08:53 am  Show Profile   Bookmark this reply Add teo2015 to your friends list Get a Link to this Reply
With the Superman, Bugs Bunny, etc. Coins the holders of the intellectual property rights in those images will likelly be a bit more aggressive in protecting against counterfeiting of those coins.
Pillar of the Community
Canada
5324 Posts
 Posted 10/24/2015  09:25 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Warner Brothers and Marvell DC, are third parties, it's first up to RCM to act, one would think one nasty letter from the crack RCM legal team should do the trick, yet nothing seems to happen. One interesting side fact the Chinese web site (Not Allowed) has taken a tremendous hit as the Chinese government has surprisingly taken a stance on counterfeiters on this site. Hopefully the US federal government can wake ebay up, nothing scares a company like having the feds on your back.
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Alex A's Avatar
710 Posts
 Posted 10/24/2015  09:37 am  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
What is the (Not Allowed) action that was taken and how effective has it been?
Valued Member
United States
214 Posts
 Posted 10/24/2015  09:42 am  Show Profile   Bookmark this reply Add teo2015 to your friends list Get a Link to this Reply
Warner Brothers gave RCM a license to use their IP on a limited number of coins produced by the RCM. Warner Brothers can and will go after anyone who produces coins (or anything else) that uses their IP without a license agreement.
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Canada
5324 Posts
 Posted 10/24/2015  09:45 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
(Not Allowed) shares has tumbled along with a slowing Chinese economy, but the government has put pressure on the site not to allow fakes.
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bobby131313's Avatar
United States
24154 Posts
 Posted 10/24/2015  09:48 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply

Quote:
(Not Allowed) shares has tumbled along with a slowing Chinese economy, but the government has put pressure on the site not to allow fakes.


I reported a listing two days ago selling a counterfeit US Classic coin, worth about $1500 if real, by the 100. I got a reply from them two hours later telling me it violated no selling rules.

So I call BS on that statement.


Quote:
Dear Bobby,

We refer to your recent report about suspicious product listing(s).

Please be informed that the reported listing(s) is / are neither prohibited nor controlled item(s) under our Product Listing Policy.
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Canada
5324 Posts
 Posted 10/24/2015  09:52 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
That's how lame the RCM position on counterfeiting, they seem to wait for other smarter IP companies to protect their valuable IP. Hopefully the threat of a RICO action will cause ebay to wake up. You are correct Warner and DC probably will take actions against fakes, all large brands do so.
Pillar of the Community
Canada
5324 Posts
 Posted 10/24/2015  10:00 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
A few weeks ago there was an article in Bloomberg on the share price sliding and since the site holds so many fakes, that was a couple of reasons for the sharp decline, but obviously there's more to the story.
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