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High-Quality Counterfeit Bills from Peru Flooding U.S.

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Counterfeit money is an age old problem. But the flood of fake bills coming from Peru is raising some red flags and the U.S. Secret Service is responding.

By Josh Meyer
Los Angeles Times
WASHINGTON — A Flood of high-quality counterfeit U.S. money from Peru is perplexing federal authorities, who say the shadowy networks that are responsible are also engaging in other criminal activity that poses a threat to national security.

Over the last year, authorities and banks have recovered at least $7.8 million in fake notes across the United States that they believe were manufactured in Peru, according to Secret Service statistics.

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