Peru becomes Top Source of Counterfeit U.S. Cash

[jeff of pa]

LIMA, Peru -- 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.

Peru Is Dollar Counterfeiting Expert Of The World

 

[doc-d]

Thanks.........travel to Peru often for the half year I spend "down south"..........almost always I use $20 bills obtained from ATM's which even there are good to spot and remove conterfeit notes..........Ecuador is a US dollar (well notes, a debt instrument, as in Fed Reserve Notes); but I use freely dollars in Peru whose monetary unit is the soles and if I recall were about 3 to 1.......
Very interesting story.....