Counterfeiting Ring in Colombia
Police assisted by U.S. Secret Service agents on Sunday broke up a network capable of printing millions of dollars a month of excellent quality counterfeit money and arrested five suspects during a raid on a remote village in northwest Colombia, officials said.
It's a big industry there:
Fernandez said Valle del Cauca, of which Cali is the state capital, has turned into a center of global counterfeiting. "Entire families are dedicated to falsifying and trafficking money."
Colombia is thought to produce more than 40 percent of fake money circulating around the world.
Posted on November 29, 2005 at 4:29 PM • 27 Comments