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  • Buyers fined in fakes crackdown

    08/19/2005 8:17:36 AM PDT · by george wythe · 9 replies · 644+ views
    The Australian ^ | Aug 19 2005
    Rome The Latin expression caveat emptor - buyers beware - has taken on a whole new meaning in Italy, where authorities are cracking down on counterfeiting by imposing fines on the customers who buy from street sellers. The hundreds of thousands of tourists in the country have not been told about a law that went into effect in May, which makes them liable to pay a fine of euro 3333 ($5397.57) with no appeal for buying counterfeit goods. Unless paid within two months, the fine rises to euro 10,000 ($16194.33). The first foreigner to fall afoul of the law was...