An "unprecedented" China-US operation has seized a huge haul of Chinese-made counterfeit software and arrested 25 people for exporting the bogus goods, the FBI said yesterday.
The joint investigation, codenamed "Summer Solstice," was carried out by China's Ministry of Public Security and the FBI, an FBI statement said.
All the arrests and seizures -- of mainly counterfeit Microsoft and Symantec software that was to be shipped globally -- were made in China, it said.
"This unprecedented cooperative effort led to the arrest of 25 individuals, the search of multiple businesses and residential locations... and the seizure of over 290,000 counterfeit software CDs," the statement said.
"The counterfeit software has an estimated retail value of US$500 million," it said, with more than 70 percent of the bogus software destined for the US.
The Chinese government also seized assets in China worth more than US$7 million, it said.
Among those arrested in China was Ma Kepei and 10 others allegedly involved in producing bogus Microsoft products and distributing them in the US.
Ma was indicted in New York in 2003 for pirating Microsoft software, but fled back to China where he began pirating Symantec products and distributing them globally, it said.
Chinese law enforcers also froze US$500,000 and five real estate properties owned by Ma and seized equipment to manufacture counterfeit Symantec products.
The investigation also uncovered 14 major producers of high-quality counterfeit software in Shenzhen, leading to the arrests of 14 people and the disabling of six manufacturing and retail facilities, it said.
The US Chamber of Commerce says counterfeiting and piracy costs the US economy about US$250 billion annually, has led to the loss of more than 750,000 jobs and exposes people to dangerous and defective products.
A subsidiary of a Hong Kong-based company that has lost control of two critical ports on the Panama Canal said it is seeking US$2 billion of compensation in damages from Panama over its “illegal” takeover of the ports. Panama Ports Co, a unit of Hong Kong’s CK Hutchison Holdings (長江和記實業), on Friday said in a statement that it is demanding the sum under international arbitration proceedings that it had already started. The Panamanian government last week seized control of the Balboa and Cristobal ports on each end of the Panama Canal, after the country’s Supreme Court declared earlier that a concession allowing
DETERRENCE: With 1,000 indigenous Hsiung Feng II and III missiles and 400 Harpoon missiles, the nation would boast the highest anti-ship missile density in the world With Taiwan wrapping up mass production of Hsiung Feng II and III missiles by December and an influx of Harpoon missiles from the US, Taiwan would have the highest density of anti-ship missiles in the world, a source said yesterday. Taiwan is to wrap up mass production of the indigenous anti-ship missiles by the end of year, as the Chungshan Institute of Science and Technology has been meeting production targets ahead of schedule, a defense official with knowledge of the matter said. Combined with the 400 Harpoon anti-ship missiles Taiwan expects to receive from the US by 2028, the nation would have
POSSIBILITIES EMERGE: With Taiwan’s victory and Japan’s narrow win over Australia, Taiwan now have a chance to advance if South Korea also beat the Aussies Taiwan has high hopes that the national baseball team would advance to the World Baseball Classic (WBC) quarter-finals after clinching a crucial 5-4 victory over South Korea in a nail-biting extra-inning game at the Tokyo Dome yesterday. Boosted by three home runs — two solo shots by Yu Chang (張育成) and Cheng Tsung-che (鄭宗哲) and a two-run homer by Stuart Fairchild — the triumph gave Taiwan a much-needed second victory in the five-team Pool C, where only the top two finishers would advance to the knockout stage in Miami, Florida. Entering extra innings with the game tied at four apiece, Taiwan scored
MISSION OF PEACE: The foreign minister urged Beijing to respect Taiwan’s existence as an independent nation, and work together to ensure peace and stability in the region Minister of Foreign Affairs Lin Chia-lung (林佳龍) yesterday rejected Chinese Minister of Foreign Affairs Wang Yi’s (王毅) comments about Taiwan, criticizing China as a “troublemaker” in the international community and a disruptor of cross-strait peace. Speaking at a news conference on the sidelines of the Chinese National People’s Congress, Wang said that Taiwan has always been a territory of China and that it would be impossible for it to become its own country. The “return” of Taiwan to China was the natural outcome of the Chinese people’s resistance against Japan in World War II, and that any pursuit of independence was “doomed