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Fake iPhones seized from LA warehouse

Police in the port of Los Angeles have seized what they say is over $10 million worth of counterfeit Apple devices from a warehouse. The fake iPods, iPhones and iPod touches were reportedly brought in from Asia recently, and they were supposedly going to be sold around CES this past year, duping customers into thinking they were buying real Apple products for cheap. Not that cheap, though -- the cops also reportedly found receipts in the warehouse, along with other stolen and counterfeit merchandise, that pointed to the whole facility bringing in around $7 million in profit.

Two brothers have been arrested, and the two of them face a total of four felony counts for the sale of counterfeit goods. The seizure was the result of an ongoing stolen cargo investigation that had the Port Police looking around warehouses in Los Angeles and Vernon, CA late last year.