Problem

Fraudulent commodities

Other Names:
Sale of non-existent commodities
Nature:

Each year $1 billion worth of false commodities, securities and merchandise is sold over the telephone. Tens of millions more are sold by newspaper ads, direct mail and door-to-door solicitation. The products include nonexistent gold, bogus oil and gas wells and counterfeit "signed" prints by famous artists.

Broader Problems:
Commercial fraud
Problem Type:
D: Detailed problems
Related UN Sustainable Development Goals:
GOAL 12: Responsible Consumption and Production
Date of last update
17.06.2019 – 15:41 CEST