The LA Times is reporting that more than $10 million in counterfeit and stolen goods were recovered by Los Angeles Port Police. Among the items were iPod, iPhones and other various electronics.
The items were found in a sophisticated downtown warehouse in Los Angeles and it seems the primary focus was Apple products, and pushing them onto the market. Many of these knock-offs were iPod Nano look-a-likes, a product that Apple still sells well.
"This was a well-funded operation, and the counterfeits looked very authentic,"
Source: Fake iPods: Counterfeit iPods and iPhones are seized from downtown warehouses - latimes.com