The 10-year-old boy admitted he made the cash on his home computer. Police say he enlisted the help of another boy and a girl to help him pass off the cash:
"We were very surprised. We're working with the Secret Service and they say this is the youngest they've ever seen. And, some of it is pretty good quality for a 10-year-old to do by himself," said Det. Cpl. Darlene Breitenstein with the Gary Police Department.
But there were several giveaways that the bills weren't quite right. All of the serial numbers were the same. Some of the bills weren't cut too well, and the paper didn't feel right.
The three children face charges of forgery and theft.
The kids are facing charges; counterfeiting a handful of twenties is a Federal offense, after all.
Prosecutors in federal court decided to drop all charges yesterday against an Israeli man who had wanted to plead guilty to smuggling $1.5 million in fake U.S. currency into Maryland.
Assistant U.S. Attorney Craig Michael Wolff asked U.S. District Judge Andre M. Davis to dismiss the indictment against Hazki Hen, 65, because he is severely ill and wants to return to Israel to die.
Further into the article
He was indicted last November by a federal grand jury in Baltimore for allegedly importing and attempting to sell about $1.5 million in high-quality counterfeit $100 bills for 35 cents on the dollar. In discussions with an alleged accomplice and an undercover U.S. Secret Service agent, they talked about future transactions upward of $100 million, according to court records.
Lesson: Wait until you are an elder, kids, or you and your accomplices will fall under the penalties of the law.