Millions of counterfeit dollars are flooding into the market, and this ‘funny money’ is being manufactured using everyday office equipment, US federal authorities have said.
Heath Kellogg, a graphic designer known as “The Printer,” his father and four other men were busted in November after authorities said the men produced more than a million dollars in counterfeit money.
According to ABC News, Kellogg and his team allegedly used a printer to produce the front of fake 50 dollars bills and printed the back of the bills separately before carefully gluing it all together.
Brad Garrett, a former FBI agent and ABC News consultant said that it’s easier today because the technology has become so good and people can make better fakes. A Rhode Island man was arrested in November after he allegedly learned how to use a chemical soap to rub off the ink on five dollars bills, turning them into counterfeit 100 dollars bills, the report added.