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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
TechGlobal 500

Almost Every Fake Apple Charger Fails a Basic U.K. Safety Test

By
Kevin Lui
Kevin Lui
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By
Kevin Lui
Kevin Lui
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December 2, 2016, 4:21 AM ET
Musical.ly Founder Alex Zhu, Maker of The Chinese Music App That Wants to Be the Next Facebook
USB chargers and other plugs are attached to an extension power socket in Shanghai, China, on Sunday, Oct. 9, 2016. Bloomberg via Getty Images

A British consumer safety watchdog is warning shoppers that using counterfeit chargers and adapters for electronic gadgets could place them in grave danger, after basic tests showed that almost all of them could not meet safety standards.

Out of 400 counterfeit Apple (AAPL) chargers tested by Trading Standards, only three had sufficient insulation to withstand high voltage, according to the BBC — that translates to a failure rate of 99.25%.

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The BBC reports that the watchdog had obtained these counterfeits from eight countries, including Australia, China and the U.S.

“It might cost a few pounds more, but counterfeit and second-hand goods are an unknown entity,” said Leon Livermore, the chief executive of the U.K.’s Chartered Trading Standards Institutes, urging consumers to stick with genuine electrical goods from trustworthy sources.

He warned that fakes “could cost you your home or even your life, or the life of a loved-one,” according to the BBC.

Apple filed a lawsuit in October against a U.S. vendor that had sold counterfeit chargers on Amazon’s e-commerce platform, claiming them to be genuine.

It also alleged that nearly 90% of all purported Apple adapters and chargers sold on Amazon (AMZN) were counterfeit.

For more on Amazon, watch Fortune’s video.

Amazon has since ramped up its efforts to eradicate merchants selling fake goods on its marketplace. In mid-2013, the Cupertino, Calif.-based tech giant launched a global program offering to take back unauthorized or counterfeit adapters and replace them with Apple-manufactured ones at a reduced price.

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