Thursday, March 25, 2021

MONEY MADE IN CHINA

$110,000 In Fake Cash Seized At LAX After Arriving In Shipment From Hong Kong

 

LAPPL News Watch

March 25, 2021

 

The Benjamin Franklin-faced currency has been the largest U.S. bill since the $500, $1,000 and $5,000 were axed in 1969. 

U.S. Customs and Border Protection officers seized more than $110,000 in counterfeit U.S. currency at Los Angeles International Airport late last week, the agency announced Tuesday. 

The fake cash was found in an express parcel shipment that originated in Hong Kong and arrived at LAX on Friday, according to a CBP news release. The package was headed to Northern California. 

Officers were examining a shipment declared “BAR PROP 35PCS” when they discovered thousands of fraudulent bills, the release stated. In total, officials confiscated 492 $100 counterfeit notes and 3,049 $20 counterfeit notes that were inside the package. 

The bills had “Prop Copy” printed on the back, which, along with their quality and the shipping method, helped investigators determine they were fake, according to CBP. 

It’s a federal crime to counterfeit Federal Reserve notes. 

“By preventing the introduction of counterfeit currency into the American economy, CBP disrupts criminal groups that target our citizens, businesses and the security of the United States financial system,” Carlos C. Martel, the agency’s director of field operations in L.A., said in the release. 

1 comment:

bob walsh said...

The North Koreans financed their overseas intelligence operations for years with fake American $100 bills. Maybe the Chinese are preparing to do so as well. They don't play by the rules. They don't believe they should have to.