Manila, Sept. 24 -- The National Bureau of Investigation (NBI) on Wednesday said it has seized more than PHP170 million worth of fake branded caps and sports apparel from several shops in Manila.

In raids conducted last Sept. 17, the NBI-Fraud and Financial Crimes Division (NBI-FFCD) said it implemented several search warrants in 15 stalls in Binondo and one stall in San Nicolas for trademark infringement in relation to Republic Act 8293 or the Intellectual Property Code of the Philippines.

The operation was initiated after a complaint was filed on behalf of New Era and '47 against the stalls, requesting an investigation and enforcement actions to stop the proliferation of counterfeit products bearing the New Era and '47 trademarks.

Or...