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Resource ID: #26777
Subject: Money
Source: ABC News 20/20
Date: May 9, 2014



In an exclusive interview, master counterfeiter Francois Bourassa told ABC News Chief Investigative correspondent how he was able to produce millions in near perfect U.S. $20 bills, following security measures widely publicized on the U.S. Secret Service's own website. The investigation by ABC's Chief Investigative Correspondent Brian Ross and Producers Rhonda Schwartz and Michele McPhee found that most modern currencies are manufactured from hard to counterfeit polymer materials while the U.S. twenty is still printed on easy to purchase cotton and linen paper. The U.S. Secret Service has refused comment, but Canadian authorities who arrested Bourassa say investigations into his international connections continue. Meanwhile as the U.S. is awash in counterfeit twenties, it's the small merchants and consumers stuck with the fake small bills that banks won't cash who are the real victims.

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