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Mexico, U.S. Break Up Counterfeit Ring

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Mexico, U.S. Break Up Counterfeit Ring

Mexico and the United States broke up a counterfeiting ring that printed an estimated $5 million in fake $100 bills in Mexico and sold them across the border, officials said Wednesday.

The ring, based in the western state of Jalisco, operated more than four years, selling fake $100 bills in Santa Ana, Calif., San Diego, Calif, and Phoenix, Ariz., said Jose Luis Marmolejo, of the attorney general’s organized crime division.

The bills, produced with offset printing equipment, were “one of the best falsifications we’ve seen,” Marmolejo said.

Authorities arrested six people, including a man they believe is a former state police officer, and seized nearly $400,000 in fake bills in raids last Friday in Jalisco state, he said.

More: latimes.com

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