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Local news stations are reporting that "more than $1 million of counterfeit Gucci, Prada, Fendi, Rolex and Coach goods have been seized in an early morning Chinatown raid by the Mayor's Office of Special Enforcement." The raids came early this morning, and targeted the area known as the 'Counterfeit Triangle' "bounded by Canal, Walker and Centre Streets" which "consists of 32 stalls and storefront shops." [7Online]