Counterfeit bills from South America flooding US

ATHENS, Ga. -- Authorities say counterfeit money smuggled into the U.S. from Peru is continuing to find its way to Georgia.

The Athens Banner-Herald reports that the bills are being smuggled from South America a year after authorities broke up a ring that flooded the Athens area with the fake money.

Details of the South American counterfeiting scheme were revealed when a man pleaded guilty last week in U.S. District Court in Athens on a charge of possession of counterfeit currency.

The Banner-Herald reports that Peru has become the world's counterfeiting capital. Authorities say Peruvian counterfeiters produce about 17 percent of all fake currency circulating in the U.S.


To find out more about Facebook commenting please read the
Conversation Guidelines and FAQs

Leave a Comment