nAuthorities in New York have shut down a massive counterfeit luxury goods operation distributing fake designer handbags, shoes, and watches across the United States. More than $150 million worth of counterfeit products labeled with brand names such as Louis Vuitton, Gucci, and Rolex were seized during raids in Queens and Manhattan.nnNine suspects were arrested, including two individuals believed to be the primary importers of the goods from China. Homeland Security officials stated that profits from counterfeit sales are often used to fund other criminal activities, including fraud and drug trafficking.n