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What is my liability if I sell counterfeit (knock off) goods?

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What is my liability if I sell counterfeit (knock off) goods?

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Etsy prohibits the selling of counterfeit goods. Please do not sell them. A seller may be held liable for selling counterfeit products if the seller knows or has reason to know that the products are counterfeit. If the seller fails to inquire about the authenticity of the products, for fear of what such inquiry may yield, this may constitute knowledge. Once knowledge has been established, a reseller of counterfeit products may be held liable for counterfeiting.

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