Business News

Colombian authorities seize 6.2 million counterfeit dollars

Nov 4, 2009, 17:14 GMT

Bogota - Colombia's secret service seized 6.2 million dollars in counterfeit US bills that were hidden in Bogota and were set to be distributed in the United States, Ecuador, Peru and Venezuela. Colombia's secret service, the Administrative Departement of Security (DAS), said Wednesday that the fake money was found in a raid in a modest Bogota neighbourhood. One man was arrested after being found keeping watch over the illegal printing office. During the proceedings, agents also seized diverse printing material, including some to reproduce the front and back of 100- dollar bills, the DAS said in a statement. The secret service added that they also found material to print the coat of arms of the US Treasury Department. 'The bills seized were of excellent quality and were advanced in the production process. According to experts, they were only missing the cutting and the OVI (anti-forgery) ink,' the statement said.

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Colombian authorities seize 6.2 million counterfeit dollars

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