Feds target international counterfeiting ring in Ga., four other states
By The Associated Press
Posted 11:06AM on Friday 8th August 2014 ( 9 years ago )
WASHINGTON (AP) -- Federal authorities say 13 people have been indicted in connection with an alleged counterfeiting ring that involved fake bills manufactured in Israel being circulated in the United States.<br />
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An indictment issued Thursday charges 10 people, including four Israelis, with racketeering and conspiring to commit various counterfeiting offenses. Three other defendants were charged with participating in the conspiracy.<br />
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Authorities claim the ring manufactured more than $77 million in fake $100 bills over more than a decade.<br />
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Officials say the Secret Service first began detecting fake bills believed to be manufactured in Israel in 1999, and that the defendants set up a highly sophisticated domestic printing plant in New Jersey earlier this year.<br />
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Arrest and search warrants were executed in May and June in New York, New Jersey, Pennsylvania, Georgia, and Florida.
http://accesswdun.com/article/2014/8/278049
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