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Topic: $900K worth of counterfeit U.S. currency seized - page 3. (Read 613 times)

legendary
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Have to expect a few conspiracy theories designed to explain this.

Some will always see conspiracies everywhere they look.

The logic is simple though. There are always some who try to sell/use counterfeit money. And where's the cheapest to print such things? Yep, China.
There may be not even illegal there to print foreign currency - I mean it's another country, another legislation and so on. Of course it's illegal to get them into US. And that's what customs are for, after all...
All in all, no biggie.
legendary
Activity: 2562
Merit: 1441
Quote
INTERNATIONAL FALLS, Minn. ― U.S. Customs and Border Protection (CBP) officers at the International Falls Port of Entry seized $900,000 in counterfeit United States currency Friday that was discovered in a commercial rail shipment originating from China.

Quote
“CBP officers strive every day to protect the United States from a variety of threats,” said Jason Schmelz, Pembina Area Port Director. “Those threats don’t always come in the form of terrorists or narcotics, but also in the form of counterfeit currency and other goods that have the potential to harm the economy of the United States. Thanks to the dedication of our officers and our partnership with the Secret Service, we were able to keep this currency from entering into circulation.”

Due to the vigilance of CBP officers, a rail container was referred for a Customs Exam Station inspection on Dec. 14, 2019.

During the examination, CBP discovered 45 cartons of possible counterfeit currency in the form of $1 bills with a total face value of $900,000. The United States Secret Service was contacted determined the currency is counterfeit.

The counterfeit currency was seized and will be turned over to the Secret Service.

Stopping the flow of illicit goods is a priority trade issue for CBP. The importation of counterfeit merchandise ― including counterfeit currency ―  can damage the U.S. economy.

https://www.cbp.gov/newsroom/local-media-release/cbp-officers-seize-900k-worth-counterfeit-us-currency


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$900,000 in counterfeit US dollars seized on a rail container with its place of origin being china.

Have to expect a few conspiracy theories designed to explain this.

Could this represent an example of china waging trade war on the united states. Or perhaps it is completely coincidental a standard practice which had been ongoing for years until it was randomly exposed this week.

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