Date: 2013-08-01

Another EU Fake Bearing Conspiracy in Bulgaria

Since 2006 the Bearing Industry Code of Conduct has written many articles
on raids, claims and various conspiracy theories about Counterfeit or Fake
Bearings. The bearingcode confirms that every fake bearing report issued
by Bearing Manufacturers, none are verified or substantiated by an
independent or legal authority.

The bearingcode is always prohibited to visit manufacturers premises to
inspect or be given information by SKF or Schaeffler other than a press
release issued to global media agencies.

There is no evidence;
*No Police reports
*No Criminal charges for corruption
*No Civil charges for violation of Intellectual Property
*No Alleged identities either Corporation or Persons
*No Address details of claim & raids
*No Magistrates search warrants
*No Court Listing
*No Prosecutors
*No Defense Lawyers

We have concluded that Claims of 'Counterfeit or Fake Bearings' issued by
bearing manufacturers or their media associates are False,Fraudulent,
Misleading and Mischievous.

- Known advantages of 'Fake Bearing' claims results in FREE global media
coverage of 'SKF' 'SCHAEFFLER' and those bearing corporations and
distributors willing to participate in this racket.

- The bearing manufacturers who do not participate in this type of
corruption have; no free media coverage, no course of redress and the
stigma of offensive behavior in Counterfeiting.

The recent claim of Counterfeit bearings and photos from Bulgaria appear
the same false & misleading hallmarks. Therefore,unless evidence
containing those listed above are produced, then it should be treated as
another game by 'SCHAEFFLER'

The European Union Commissioners are currently investigating allegations
of anti trust behavior by EU bearing manufacturers, the latest Bulgarian
'fake bearing' claims will not interfere with their proceedings, but may
enhance investigations.

Its strange that all big claims of 'Counterfeit Bearing' raids appear in
Europe; is this a lack of Transparency and Accountability or the
coincidence that major bearing manufacturers HQ are EU based; Why not in
USA or elsewhere ?

Perhaps its now time for a management change in bearing Board Rooms, as
potential heavy fines and jail terms will cost bearing brands and the
general bearing industry to fall from grace.

Ian McPherson - President
www.bearingcode.com

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