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U.S., Peru seize $30 million in fake dollars, biggest bust ever

🕚 Sun 27 Nov 2016 · AP News
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<br /> U.S., Peru seize $30 million in fake dollars, biggest bust ever<br /> | Reuters

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WASHINGTON U.S. and Peruvian agents have seized a record $30 million in counterfeit dollars in the biggest netting of fake greenbacks ever by the U.S. Secret Service, the agency said on Thursday.

The stash was discovered when more than 1,500 Peruvian police, along with Secret Service agents, carried out searches and arrest warrants on Tuesday in Lima, the agency said in a statement.

Fifty thousand fake euros were also seized and 48 people arrested in the raids, called Operation Sunset.

Peru is the world’s largest manufacturer and distributor of fake U.S. currency. Six counterfeit plants were shut down, eight manufacturing presses were seized and more than 1,600 printing plates and negatives of denominations were found, the Secret Service said.

The agency, best known for its protection of the U.S. president and visiting foreign dignitaries, was originally founded to combat currency counterfeiting.

(Reporting by Ian Simpson; Editing by Richard Chang)

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(via WSJ)


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Alibaba introduces new Qwen glasses with biometric payments // eplanet-Connected Gravity Brings Personal Branding Infrastructure to Forex IBs Across MENA and the GCC // Sprite Expands Global Basketball Footprint with NBA’s Nikola Jokić and New “Never Stop Refreshing The Game” Platform // Denza considers European financing arm for premium cars // ADIA evaluates anchor stake as Zetwerk prices IPO // Dubai RISE Summit to convene global capital leaders // Gargash urges Gulf states to reinforce collective defences // Dubai Retail schedules 38 Ibn Battuta Mall openings // Dubai Global Village prepares 31st season opening Wednesday // Canada appoints national AI council to advise government // Panama mobilises emergency relief after widespread earthquake damage // Meta bars ByteDance advertising across seven national markets // Rwanda secures decade-long Formula One Grand Prix agreement // UK widens Saudi travel warnings, raising insurance risks // Saudi airport attacks sharpen pressure for US intervention // Full Collaboration Of INDIA Bloc And CJP Needed To Fight Modi Govt // Fake Marketplace adverts exploit users’ names to solicit replies // Microsoft introduces Maia 300 for large-scale AI deployment // Etisalat introduces faster smartphone uploads on 5.5G network // Anthropic disconnects internal AI tests after website breaches //
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