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SoCal Counterfeit Ring Busted
One of the largest counterfeit currency rings in Southern California has been broken up after a three-month investigation leading federal agents to arrest five people. One of the caught suspects is a 35-year-old Sherman Oaks man, "who who allegedly cut the counterfeit bills and glued them together," according to the Daily News.
The ring allegedly made and distributed between $5 and $6 million in twenty and hundred fake bills. ABC7 on-air news said the operation's machinery took up a whole room in a single family home in Lawndale at the residence of the alleged main printer:
Those arrested in recent days included Albert Edward Talton, 44, of Lawndale, who is accused of being the main printer of the counterfeit money; David Goldberg, 35, of Los Angeles [Sherman Oaks], who allegedly cut the counterfeit bills; and Paul Tracy McCorry, 45, of West Covina, who is accused of acting as a broker of the money and helped print the bills. Two others have been arrested and a sixth suspect charged in the case was being sought. [Associated Press]
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