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Peru the global leader in dollar counterfeiting

September 5, 2013 • World News

AP Photo A police officer inspects an alleged counterfeit $100 U.S. dollar note, Aug. 17, 2012, during a media presentation in Lima, Peru.

 

LIMA, Peru (AP) — The police colonel was stunned by the skill of the 13-year-old arrested during a raid on counterfeiters in Lima’s gritty outskirts, how he deftly slid the shiny plastic security strip through a bogus $100 banknote emblazoned with Benjamin Franklin’s face.

The boy demonstrated his technique for police after they arrested him on the street with a sack of $700,000 in false U.S. dollars and euros that he’d received from a co-conspirator, and he led them to a squat house where he and others did detail work.

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