By  on December 13, 2017

Ilana Jivago was flying high in the early Nineties. Her Jivago 24K fragrance, featuring gold leaf pieces suspended in the bottle, eclipsed sales of $100 million.

The thriving business hit a roadblock several years later, the victim of counterfeiters knocking off the original and flooding the market with fakes. Like handbags, counterfeiting is a big business in premium fragrances. Upward of $75 million in annual losses are attributed to counterfeit products in the beauty industry, according to estimates.

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