Association of French luxury brands launched a new campaign against counterfeit designer products, warning people in several European countries of the cost in fake good to the industry.

The Paris based Comite Colbert a French anti-counterfeiting group has posted up posters around Paris featuring photos of fake phones, watches, handbags with a printed warning of potential fines and jail time. "Buy fake Cartier, get a genuine criminal record"

Counterfeit market has expanded all over France impacting its luxury and cosmetic industries which employs over 130,000 people. The campaign targets the seriousness of counterfeit goods costing French industries over 7.46 billion dollars a year and over 30,000 jobs.

According to Comite Colbert President, Elisabeth Ponseolle des Portess counterfeit sellers target foreigners in Paris tourist spots, the growth of fake goods on e-commerce websites is making it even more difficult to track. Adding French customs seized some 8.9 million counterfeit products in 2011 from fake Louis Vuitton bags, Gucci watches and Christian Dior shades, to the Associated Press.

"The U.S. wasn't really interested in fighting counterfeiting before as it was seen as free enterprise, but that changed when they realized that money to finance terrorism came from counterfeit," said Jean Cassegrain, the CEO of luxury brand Longchamps to the Associated Press.

US, which is the largest consumer of fake luxury items, with cities in New York and Los Angeles main hot spots. The Global industries lose over 250 billion dollars annually to counterfeit goods, and 9.2 billion directly linked to luxury and fashion industries.

According to U.S. Customs & Border Protection in 2009 they found 260.7 million worth of counterfeit goods out of which 21.5 million were hand bags and wallets, 21.5 million in clothing and 15.5 million in watches. Counterfeit goods are expected to cost the global economy an estimated 1 trillion by the the year 2015 according to WWD.

"People see its soft side - But it's not (soft): It costs thousands of jobs, helps the drug trade and also stifles creativity," said Cassegrain.