Check this out – LA cops seized $10 million worth of fake iPhones, iPods and other Faux-Apple products. The Los Angeles Port Police seized the counterfeit goods from several downtown warehouses as part of a massive two-month long bust. What they found, according to the LA Times:
Counterfeit products with an estimated street value of more than $1.4 million; stolen electronics, toys and blankets worth about $2.5 million; and bank account receipts that indicate the operation generated more than $7 million in profits.