Global Counterfeiting Ring Operated NJ Printing Plant

WASHINGTON, DC—An international counterfeiting ring, which ran a printing plant in Cherry Hill, NJ, has been given the unofficial distinction of operating the most prolific scam ever perpetrated against U.S. currency.

The ring is responsible for producing in excess of $77 million in fake $100 bills since its inception in 1999, including $32 million passed or seized in the U.S. since 2005. Much of it was cranked out in Israel, but this past January, the New Jersey plant was enlisted.