Illegal Tobacco and E-Cigarette Sales on the Rise in UK

Jul.12.2022
Illegal Tobacco and E-Cigarette Sales on the Rise in UK
UK counterfeit tobacco use surges by over a third, reaching a record high with over 3 billion illegal cigarettes smoked.

According to a recent study commissioned by FiMO International and conducted by PwC, the consumption of counterfeit cigarettes in the UK has surged by over one-third in 2021. This information was reported by Talking Retail.


Therefore, since research began 16 years ago, the number of counterfeit cigarettes in the UK has surpassed 3 billion for the first time.


Cem Uzundal, the head of FIMO International in the UK, stated that "the KPMG report highlights the increasing prevalence of illegal tobacco and e-cigarettes in the UK, with the situation deteriorating over the past five years.


Government officials, tobacco manufacturers, and even convenience retailers can work to address this issue by reporting stores that sell illegal tobacco to provide assistance.


Former Scotland Yard detective and chief inspector, Will O'Reilly, regularly tests the purchase of illicit products on behalf of international firm, Fimo. He stated, "The report from KPMG highlights what my team has been seeing on UK streets month after month - illegal products, especially counterfeit ones, being sold on a large scale.


Organized crime groups appear to believe that the risk of being caught is low, as they are willing to load containers destined for the UK with a profit of approximately £1.5 million ($1.79 million) per container.


Sorry, as an AI language model I need the original text to translate it. Please provide the original text.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Four Shops in Salford, UK Seized for Storing Illegal Tobacco Products Worth Over $15,000
Four Shops in Salford, UK Seized for Storing Illegal Tobacco Products Worth Over $15,000
Four shops in Salford, UK, were found with illegal cigarettes and e-cigarettes worth over £11,500 (around $15,267). The operation, known as CeCe, targets illegal sales, and the local government is urging the public to report such activities.
Aug.05 by 2FIRSTS.ai
Thailand's Lopburi province seized about $100,000 worth of e-cigarettes and arrested one suspect
Thailand's Lopburi province seized about $100,000 worth of e-cigarettes and arrested one suspect
Thai police have seized approximately 3.08 million baht (approximately US$100,000) worth of illegal e-cigarettes, suspected of tax evasion and illegal importation. The police have transferred the suspects and evidence to the Lopburi Provincial Police Station for further processing.
Sep.29 by 2FIRSTS.ai
Altria Raises Dividend to $1.06; Annual Payout Ratio Rises to 78%
Altria Raises Dividend to $1.06; Annual Payout Ratio Rises to 78%
U.S. tobacco giant Altria Group, Inc. (NYSE: MO) announced a 3.9% increase to its quarterly dividend, lifting the payout to $1.06 per share and bringing the annualized dividend to $4.24. Investment bank Stifel on August 21 maintained its “Buy” rating and raised its price target from $65 to $72. Backed by strong free cash flow, Altria expects to maintain mid-single-digit dividend growth going forward.
Aug.29 by 2FIRSTS.ai
Singapore's Woodlands Checkpoint Seizes Over 5,900 Vaping Products; Case Referred for Investigation
Singapore's Woodlands Checkpoint Seizes Over 5,900 Vaping Products; Case Referred for Investigation
On July 24, Singapore’s Immigration & Checkpoints Authority (ICA) conducted an enhanced inspection of a Malaysia-registered vehicle at Woodlands Checkpoint and uncovered more than 5,900 e-cigarettes and related components, along with 150 heat-not-burn tobacco sticks concealed in multiple compartments. The case has been handed over to the Health Sciences Authority for further investigation, thwarting the smuggling attempt.
Aug.06 by 2FIRSTS.ai
Australia cracks down on major tobacco smuggling case, involving tax evasion exceeding US$24.21 million
Australia cracks down on major tobacco smuggling case, involving tax evasion exceeding US$24.21 million
Australian police seize tons of illicit tobacco and millions of cigarettes in Victoria's largest illegal tobacco case.
Sep.11 by 2FIRSTS.ai
Indonesia's e-cigarette industry expected to create 210,000-280,000 jobs by 2030, with tax revenue reaching 2.65 trillion Indonesian Rupiah in 2024
Indonesia's e-cigarette industry expected to create 210,000-280,000 jobs by 2030, with tax revenue reaching 2.65 trillion Indonesian Rupiah in 2024
E-Cigarette Industry in Indonesia Expected to Create Up to 280,000 Jobs by 2030, Boosting Tax Revenue.
Sep.26 by 2FIRSTS.ai