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LAPD seizes $4 million in counterfeit goods

December 22, 2010 12:00:00 AM PST
Ten people were arrested and more than $4 million worth of counterfeit goods were seized in what authorities are calling "Operation Chimney Sweep."The Los Angeles Police Department's anti-piracy squad carried out the raids.

According to the L.A. County Economic Development Corporation, counterfeit goods cost county businesses more than $5 billion in lost revenue a year.