CBP seizes $351K of counterfeit currency in Milwaukee

Customs officers at an Express Consignment Operations facility in Milwaukee seized more than 3,500 counterfeit 100-dollar bills on May 27.

The haul – worth $351,500 – arrived from Shanghai, China and was headed for a residence in Milwaukee, according to Customs and Border Protection (CBP). The currency was made of poor material, was missing the required watermark, had no red and blue imbedded fibres, each bill had the same serial number, and there were Chinese letters on back of bills in red.

“Using cold hard cash to pay for items in today’s world is becoming less and less frequent,” notes CBP. “However, cash is still used for daily purchases and just last year more than $100m of counterfeit currency was exchanged.”