With continuing non substantiated claims of counterfeit bearings, and used as marketing gimmicks & scare tactics from manufacturers particularly Germany & Japan, the Bearing Industry Code of Conduct has decided to offer a maximum US$50,000 for every Counterfeit Bearing trafficker convicted in an OECD Court of Law.
The US$50,000 reward is a genuine attempt by BICC to flush out fake advertising & fancy marketing campaigns and bring closure as to where Counterfeit Bearings, in such large numbers actually come from and who is benefiting.
The OECD Magistrate or Judge will adjudicate who receives the US$50,000, upon successful conviction, naming of the corporation & supply base, its executives, the amount and bearing sizes involved.
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