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Nov 4, 2014 - $250M in Counterfeit Money & only 6 Weeks of Jail Time


Astonishing expose published in GQ Magazine

I read a very fascinating article published in GQ this past week.  In it, we hear the story of Frank Bourassa, who claims to have printed over $250 Million in counterfeit US $20 banknotes. 

In the full article, you can learn:

  • How the self-proclaimed "Greatest Counterfeiter in the World" developed his high-quality counterfeits
  • What happened and how he got caught.
  • How he got-off scot-free, with only 6 weeks in jail and a $1,500 fine.
  • Did he make it clean with $50 million of his own?

The Counterfeiter's Tale:

Our perpetrator is shameless in his willingness to brag about how he obtained the materials he needed, circumvented many of the security features in the banknotes, and ultimately - really stuck it to the Secret Service when he convinced the Canadian authorities to drop the charges and refuse to extradite him to the U.S.

The below video is a condensed-version of the story.  If you want all of the details, however, you should read the full article

 


It's an interesting story, even if it does really feel like a slap in the face - at least to this reader, who has spent the last 14 years fighting against these guys!

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