We quite often see questions about if a Randall is "real" or not. There are not many true "fake" Randall knives, but more than a few altered Randall's. Some alterations are legit, i.e. engraving or scrim - if approved by the shop. Other alterations are not, i.e. reground blade and re-handle. There is a big difference between altered and fake Randall knives. Here are some photos of an obvious fake.
Might be a stupid question but isn't Randall's logo trademark protected? If so, does trademark infringement apply to the one that manufactures the fake or the one who tries to sell it as a genuine article? It would be nice to see people get spanked for these.