PASAY CITY, Philippines — Over P237 million worth of counterfeit products were seized during raids conducted in Binondo, Manila over two days, the National Bureau of Investigation (NBI) reported on Thursday. In a statement, the NBI said the confiscation followed its Intellectual Property Rights Division’s enforcement operations on Monday, March 2, and Tuesday, March 3, which targeted retail outlets within a shopping mall in Binondo.  READ: NBI arrests 2 Chinese nationals for kidnapping; Chinese victim rescued During the execution of several search warrants on Monday, NBI agents seized a total of 2,820 counterfeit “Louis Vuitton” items. “The total estimated market […]... Keep on reading: P237-M counterfeit products seized in Binondo raids