Wednesday, July 25, 2012
N.J. counterfeit scam turns $5's into $100's
July 25, 2012 8:38 AM
(CBS) WYCKOFF, N.J. - It's all about the Benjamins in this case...which authorities say are fake in a clever counterfeiting scam in northern New Jersey. The counterfeiters take real $5 bills, bleach them, and reprint them as 100's with Benjamin Franklin's face, according to CBS New York.
Another Benjamin - Wyckoff, N.J. police chief Benjamin Fox - says the bogus 100's are well-disguised.
"The bills look very good and...because they're on regular U.S. currency paper, they feel good, too. There's that typical feel of a bill which will be different if it's been cheaply printed on other phony paper," the chief said.
Two of the fake $100 bills have been passed at pharmacies in Wyckoff.