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Fake retro video game ring worth €50m smashed in Italy (www.bbc.com)

submitted 3 months ago by [email protected] to c/retrogaming

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[–] [email protected] 17 points 3 months ago* (last edited 3 months ago)

Here are the salient details, minus the fluff:

The haul had an estimated value of €47.5m, Mr Langella said, a figure which includes the value of the consoles and hundreds of licenses for the pirated programs.

They were "all from China" and were imported to be sold in specialised shops or online, Mr Langella said.

All the devices were fitted with non-certified batteries and electrical circuits and did not meet EU technical or safety standards. The seized games have been destroyed.

Nine Italian nationals have been arrested and charged with trading in counterfeited goods. If found guilty, they face up to eight years in prison.