Details emerge about Indy counterfeiting ring

A counterfeiting operation busted last week in Indianapolis used high-quality printers, laminating machines and even a counterfeit bill detector to create hundreds of thousands of dollars in bogus money, federal officials said today. The U.S. attorney’s office announced federal charges against 24-year-old Brandon Clark, who prosecutors say ran the criminal enterprise and would sell a fake $100 bill for $20. Clark’s residence on Riley Avenue on the city’s Eastside was searched by investigators last Tuesday. What law enforcement found,” U.S. Attorney Joe Hogsett said, “was evidence of one of the most sophisticated counterfeiting operations that the city of Indianapolis has ever seen.“All told, we now believe this criminal operation may have been responsible for more than $300,000 in fake currency.” Court documents allege Clark had run the money-printing operation out of the home since at least September. While most of the money was circulated around Indianapolis and surrounding areas such as Johnson County, some bills could have made their way to Kentucky and Ohio.

http://www.indystar.com/story/news/crime/2013/12/16/details-emerge-on-indy-counterfeiting-ring/4041699/