eBay PayPal Face Federal Racketeering Lawsuit

eBay Inc & PayPal Face Federal Racketeering (RICO) Lawsuit

A civil Racketeer Influenced and Corrupt Organizations (RICO) lawsuit against eBay and PayPal was filed in Federal Court (complaint copy) claiming eBay knowingly and deliberately facilitates, proliferates and profits from the ongoing sale of counterfeit and fake products on its website. From TheCounterfeitReport.com: RICO Allegations in the landmark case identify ongoing practices by the $18 billion e-commerce giant in aiding and profiting from the $1.7 trillion global counterfeit product industry. The sale of counterfeit products infringe on U.S. Trademarks, threaten the health and safety of consumers, and damage the economy. The infringing products…

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