January 30, 2014

Counterfeit $100 Bills Flooding New York City


[From article]
An international counterfeiting ring has been pumping millions of dollars in phony $100 bills into New York and other cities in the metropolitan area over the past several years, forcing the Secret Service to step up its operation to shut it down,
[. . .]
If you have a phony $100 that is confiscated, you will lose the value of the money but can declare a tax loss at the end of the year, officials said.

The latest article I read is that the best counterfeiters are based in Peru.
Revenge of the Incas against "The Man?"

on January 30, 2014 6:45am

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