From today’s Seattle Times:
“Investigators in Mississippi say two men wrapped blocks of wood in duct tape and Bubble Wrap, attached Toshiba labels and tried to pass them off as laptops. Hinds County authorities charged the men with trademark infringement and selling goods with counterfeit labels. WLBT-TV reported the men tried to sell the fake laptops to an off-duty state trooper.”
Probably not Intel inside, either.
Fraud or theft would seem to fit these facts, but once someone affixes something that looks like a genuine trademark on a product that does not come from the source the trademark identifies, that’s counterfeiting as well.