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Intellectual Property News
Four Defendants Sentenced In Counterfeit Goods Conspiracies
Four Massachusetts residents were sentenced in federal court for money laundering and trafficking and conspiring to traffic in more than $1 million of counterfeit luxury handbags and wallets, as well as the materials needed to make these counterfeits, Assistant Attorney General Alice S. Fisher for the Criminal Division; U.S. Attorney Michael J. Sullivan of the District of Massachusetts; Special Agent in Charge Bruce M. Foucart of U.S. Immigration and Customs Enforcement (ICE) in New England; and Special Agent in Charge Douglas A. Bricker of the U.S. Internal Revenue Service (IRS), Criminal Investigation in New England announced today.
Minh Vu, 26, Katherine Luong, 28, Camphung Luong, 25, and Kim Luong, 34, were sentenced to the following terms in prison by U.S. District Court Judge William Young: Vu received 30 months, Katherine Luong received 36 months, Camphung Luong received 24 months, and Kim Luong received 30 months. According to the terms of their plea agreements, the defendants made over $48,000 in restitution payments to the victims and did not contest the forfeiture of five bank accounts, over $41,000 in cash, two vehicles, and the counterfeit merchandise. Read more at cybercrime.gov.
WIPO has it's own definition intellectual property.
The World Intellectual Property Organization defines intellectual property as creations of the mind: literary, inventions and artistic works, and names, images, symbols, and designs used in commerce.
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News about Intellectual Property cases in Oklahoma and nationwide:
Definition:
A service must be a real activity must be performed to the order of, or for the benefit of, someone other than the applicant and must be different from with the sale of the applicant’s goods or the performance of another service.
Counterfeiting
Definition:
The act of producing or selling a product containing a sham mark that is an intentional and calculated reproduction of the genuine mark.
Infringement
Definition:
An invasion of one of the exclusive rights of intellectual property. Infringement of a utility patent involves the making, using, selling, offering to sell, or importing of a patented product or process without permission.
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