Amazon's Chinese counterfeit problem is getting worse

Amazon's Chinese counterfeit problem is getting worse

show chapters Four things you should know about Amazon before shopping the prime sale Amazon has opened the doors to allow Chinese manufacturers to sell directly to consumers, opening a floodgate of problems. CNBC's Senior Tech Reporter Ari Levy has the story. Amazon.com is hard at work promoting next week's Prime Day and the more than 100,000 deals available to subscribers. As with all things Amazon, it's intended to be a major party for consumers. But longtime Amazon sellers like Jamie Whaley are in no mood to celebrate. A licensed nurse, Whaley started a bedding business on Amazon that reached $700,000 in annual sales within three years. Her patented product called BedBand consists of a set of shock cords, clamps and locks designed to keep fitted bed sheets in place. Whaley and her husband found quite an audience, selling up to 200 units a day for $13.99 a set. BedBand climbed into the top 200 selling products in the home and kitchen category. That was 2013. By mid-2015,

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