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Old 05-13-2008, 03:57 PM   #1 (permalink)
gei_spot
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look out for those $100 and $20

Five arrested in SoCal counterfeit ring



Tuesday, May 13, 2008

05-13) 12:53 PDT Los Angeles, CA (AP) --
Federal authorities say they have broken up one of the largest counterfeit currency rings ever uncovered in Southern California.
Federal prosecutors said Tuesday they arrested five people, including a printer who claims he made between $5 million and $6 million in counterfeit bills over the past two years.
Investigators say they found a manufacturing plant last week where bogus $100 bills and $20 bills were made using inkjet technology and computers.
Authorities say most of the counterfeit bills have either been circulated across the United States or seized.
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