Authorities in Peru Seize Nearly $6 Million in Counterfeit US Currency

The National Police of Peru seized over $6 million in fake bills on Thursday afternoon and arrested one of the leaders of the Peruvian criminal gang “Los Especialistas,” which is known for counterfeiting foreign currency.

The National Police of Peru seized over $6 million in fake bills on Thursday afternoon and arrested one of the leaders of the Peruvian criminal gang “Los Especialistas,” which is known for counterfeiting foreign currency.

During a press conference in capital Lima, National Police Chief General Jorge Luis Angulo explained that “this operation has been quite successful not only for seizing the fake bills but also because of the arrest of Julio Cesar Montenegro Albino will help us track Los Especialistas and eventually dismantle this gang.” 

The chief also said that Montenegro, known as Pepe, will be formally accused for the crime against financial and monetary order.

Angulo also told local reporters that the counterfeit money, mostly in fake $10 and $20 bills, was going to be sent across the borders with Bolivia and Ecuador to be introduced into the commercial markets of numerous nations around the world.


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