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Peru Police Seize $6 Million in Fake Bills, Make 1 Arrest

VOA News

   Peruvian police seized nearly $6 million in fake U.S. bills and
   arrested one person believed to be part of a known gang that
   specializes in counterfeiting foreign money.

   Police announced on Wednesday the phony bills, mostly in denominations
   of $10's and $20's, were found inside a building in Lima's Carabayllo
   district. They also confiscated the printing machine allegedly used to
   produce the fake money.

   Authorities says the bogus bills were going to be sent into neighboring
   Ecuador and Bolivia before circulating through commercial markets
   worldwide.

   Police say Peru is known for being a haven for money counterfeiters.

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