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While knock-off merchandise might not seem to fall under the purview of Homeland Security, ICE says*HSI plays a "leading role in targeting criminal organizations responsible for producing, smuggling and distributing counterfeit products."
The enforcement, while having nothing to do with immigration, apparently falls within the "customs" mandate of Immigration and Customs Enforcement.*
Asked why counterfeit merchandise raids like this are handled by ICE, Neudauer explained that U.S. Customs investigators were placed within ICE when the Department of Homeland Security was formed in 2003. Those investigators have jurisdiction over hundreds of federal statutes, mostly involving customs-related issues. ICE also runs an intellectual property rights coordination center.
Kansas City lingerie shopowners in a twist after Homeland Security's panty raid | Fox News