Fake goods dealers now carry a bounty
The Korean Intellectual Property Office, stepping up its attacks on counterfeiters, will offer rewards to those who report factories churning out fake goods. The agency said yesterday it would offer a reward of up to 10 million won ($9,920) for reports to agency officials, the police or local prosecutors of persons who produce or sell knockoff handbags, shoes or other products without the permission of the copyright holders.
The rewards will be paid on conviction in court. The office said tipsters’ identities would be kept confidential.