Peruvian gang caught with millions in fake bills
By Park Sae-jin
Posted : August 2, 2012, 15:15
Updated : August 2, 2012, 15:15
The US says Peru is the largest foreign producer of counterfeit dollars. This year alone, Peruvian police say they have seized $17 million in forged currency.
Salazar said a man accused of belonging to the Quispe Rodriguez family clan, Luis Alfredo Obando Paredes, was also arrested.
The money and material for the production of fake bills, such as special paint and paper, was seized in a house in the capital, Lima.
Other relatives were arrested two weeks ago with millions of fake dollars, euros and a smaller amount of soles, the Peruvian currency.
The authorities say Joel Rodriguez Quispe, known as Nique, who is in jail and is being prosecuted, leads the family gang. Reporters in Lima says the techniques used to send the fake money abroad, hiding the notes in unusual places to avoid detection, are similar to those employed by drug traffickers.
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