One man has been arrested in the western Athens suburb of Aghia Varvara after police raided a store selling counterfeit goods. Officers are searching for three other suspects.
Police found more than 10,000 knock off watches, 3,581 bottles of perfume, 1,223 sunglasses, handbags and jewelry at the shop.
Officers said the 20-year-old arrested and a 42-year-old who is at large laundered the money they earned from selling the fake items through two legitimate shops selling watches.
Police are also looking for two Pakistani men who worked in the store with the counterfeit goods.