Counterfeit Game Ring Smashed

BBC News has details on a video game crime ring broken-up by Italian authorities that resulted in the seizure of counterfeit video games and consoles with a street value of over US$52 million (thanks brother19). The seized games "all from China" are reportedly now destroyed, and nine individuals face up to eight years in prison for trading in counterfeit goods. Word is the games were titles popular in the 1980s-90s, and the consoles were imitations of Nintendo, Sega, and Atari systems which "did not meet strict safety standards."

Around 12,000 consoles holding over 47 million pirated video games were seized by police, Alessandro Langella, head of the economic crime unit for Turin's financial police, told the AFP news agency.

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.
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30.
 
Re: Counterfeit Game Ring Smashed
Sep 15, 2024, 00:44
30.
Re: Counterfeit Game Ring Smashed Sep 15, 2024, 00:44
Sep 15, 2024, 00:44
 
How are they measuring a "$52 million" value?
What the games should actually cost these days?
Sega Genesis Classics: 55 games for $36
Capcom Arcade Stadium 1&2: 64 games for $59

Or even on the high end:
Marvel Vs Capcom: Arcade Classics: 8 games for $50


If they're going by Ebay scalper prices, than every one is going to be in the three-figure range with the stupid prices these days.
I mean, thank god that more publishers are trying to make their catalogs available via collections, but the "retro" market these days is just a playground for the ultra-rich with far more money than sense.
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