Counterfeiters target cyclists
MiWay, a short-term insurer closely involved with the mountain biking community, is warning shoppers that top bike brands are being targeted by counterfeiters who are skilled at creating an appearance that is deceptively original.
Note that while this article refers specifically to mountain bikes, purchasers of road bikes might also need to be aware of the possibility of counterfeit products.
MiWay's head of claims, Max Huggins, explains: "Like the software, movie and music markets, bike purchasers with limited budgets are being lured, often via online Asian stores, to buy stolen or fake cycles at 'too good to be true' prices. This is a great concern as the copies are made from inferior materials and just painted to look like the originals.
A real risk of injury
"Structurally, the bikes are less efficient and far more fragile. As a result they are more likely to break unexpectedly and pose a real risk for injury to riders. They also do not carry any manufacturer warranty, and could pose a problem when insuring them."
MiWay is warning cyclists to pay closer attention and help raise awareness within their cycling communities to avoid
becoming victims of online scams, says Huggins. "Our advice to consumers is to buy only from accredited retailers or suppliers. Most good bike manufacturers include a serial number on the frame which can be checked with the supplier; purchasers should use the opportunity to confirm authenticity before it's too late and they find themselves stuck with equipment that is unreliable and potentially dangerous."
For more information go to www.facebook.com/miwaymtb.