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Interpol tackles dollar fraud
AFP via The Tocqueville Connection ^ | 07/26/2006

Posted on 07/27/2006 4:18:43 AM PDT by Republicain

LYON, France, July 26, 2006 (AFP) - International police body Interpol said Wednesday it had brought together about 60 experts to discuss ways of fighting the production of fake US dollar banknotes with attention focused on fraud in North Korea.

Several sources have indicated that North Korea is at the centre of efforts to manufacture bogus US currency, Interpol said.

Discussions about methods to fight the trade took place all day and the experts decided to meet again to carry on their work together.

Since 1989, US notes of 50- and 100-dollar denominations worth nearly 50 million dollars (39.5 million euros) have been seized, mostly outside of the United States, and Interpol described the fakes as "very deceptive but detectable".

Interpol is based in Lyon, southeast France.


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: dollar; fraud; interpol; northkorea

1 posted on 07/27/2006 4:18:44 AM PDT by Republicain
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To: Republicain

Hey Johann, this Korean tourist gave me a hefty tip...you just have to like US dollars. These Mickey Mouse ears on Ben Franklin are so cute.


2 posted on 07/27/2006 4:30:03 AM PDT by Schweinhund
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To: Republicain
Why can't America make a far more hi-tech currency?
Even the Australians have some kind of hi-tech currency don't they?
This counterfeiting problem could be vastly reduced with the right technology.
3 posted on 07/27/2006 4:38:37 AM PDT by Jameison
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