Sunday, June 8, 2008

RCMP uncover massive counterfeit cash operation

The RCMP says it has made the largest seizure of counterfeit money in 20 years after dismantling a plant north of Toronto and finding $4 million in phoney cash.

Two men have been charged in connection with the May 30 raid in Markham, Ont.

Police say they seized printing equipment and a huge quantity of fake $20 bills.

"Counterfeiting continues to de-stabilize Canada's economy, this seizure demonstrates the RCMP's commitment to ensuring Canada's economy is secure," said RCMP Insp. Brian Verheul in a news release.

Charged are 24-year-old Rehan Bawania of Toronto and 26-year-old Kusan Rasanayagam of Markham.



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