Millions worth of fake drugs seized in South Korea

The government of South Korea recently revealed that it had seized $5.58 billion worth of counterfeit goods since 2006, including a substantial quantity of fake medicines.

According to a report submitted by the Korea Customs Service to the Strategy and Finance Committee of the National Assembly, $157.8 million of fake drugs had been seized by Korean authorities since 2006, reports the Chosun Ilbo.

The figures showed that 2006 was the biggest year for counterfeit products and that products entering the country from China made up the highest percentage of fake goods, comprising 73.7 percent of the total.