Allianz SE : Counterfeiting: don’t let it ruin your vacation

Over the past several years, counterfeiting has seen a boom in almost every area: fashion, perfumes, cosmetics, high-tech and, more recently, drugs and medications. No region in the world has been spared.

Buying counterfeit goods is a criminal offense in many countries and customs controls are tightening, particularly in the European Union. Penalties can range from a simple fine to jail time - even if the items were purchased in good faith. The counterfeiter risks being fined from one to two times the value of the genuine product, paying up to 300,000 euros in penalties and spending three years in jail. This doesn't even include damages due to the original manufacturer.

Beyond the sanctions mentioned above, there is also a health risk. Bypassing safety or quality standards, counterfeit products can cause allergies, poisoning or accidents. Vacationers should be careful about buying drinks, perfumes, cosmetics, automobile parts or children's toys, in general, and particularly vigilant when it comes to medications.

Pharmaceutical counterfeiting is expanding rapidly: today, one in ten medications sold in the world is a counterfeit. Imitation drugs pose a real danger to a patient's health. Toxic substances and the medicine's inefficacy can lead to major adverse effects.

Counterfeit money is circulating in many countries. If you decide not to exchange money before leaving for vacation, be sure not to change any on the streets. Instead, go to an ATM or an authorized money changer. Travelers should also familiarize themselves with the local currency and learn how to spot a fake by carrying a "real" bill for comparison. It's also important to carry small bills and be sure to count your change!

It's easier to spot a counterfeit when it's a branded product. Usually, it's just a matter of using common sense and resisting the temptation to bring back a nice souvenir at a "good" price. Beware of these warning signs:

• The boutique is isolated and sheltered from view. Don't trust it. Avoid street vendors and backyard stalls. Instead, shop in legitimate stores.

• The price is too low and the seller only accepts cash. Another reason to be distrustful. Always demand a sales receipt.

• The quality is poor. Are the seams badly stitched? Is the fabric poorly made, are the colors off and labels badly printed or misspelled. Are there so many flaws that you can't help but notice them. Check for tags that indicate compliance with national or European standards.

• Check the packaging: Is the article wrapped in plastic? Does it come with proof of authenticity?

These are just some of the signs of counterfeit goods.

"The easiest way to guard against counterfeit drugs is to err on the side of caution. Before leaving for vacation, we strongly recommend that you take enough medication with you. If you have a health issue while there, consult with a doctor before buying anything. You can usually get a list of doctors from your embassy and only go through official distribution channels - in particular, pharmacies," explains Dr. Laurent Verner, Medical Director for Allianz Global Assistance.

When buying medication, make sure there is no visible anomaly on the box or the instruction sheet. If anything looks suspicious, let the pharmacist and the manufacturer know. Buyer beware: a very low price might be a warning sign.