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 U.S. security.
Over the past year, authorities and banks have recovered at least $7.8 million in fake U.S. notes across the United States that they believe were manufactured in Peru, according to Secret Service statistics.
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Have they figured out how to differentiate between the phony Peruvian currency and the phony currency the Federal Reserve System has been hosing out for years?