See this comparison teardown between a genuine Apple magsafe charger and a counterfeit, especially the "What's wrong with this charger" section: http://www.righto.com/2016/03/counterfeit-macbook-charger-te...
Related, Apple ran a discounted trade-in program where people could swap potentially dangerous phone chargers for safe ones after a counterfeit charger killed somebody: http://www.cbc.ca/news/technology/apple-replacing-fake-iphon...