$20 U.S. note most popular counterfeit bill in Ecuador

eluniverso.com reported a precise figure for the number of counterfeit notes detected in the commercial sector is not available, however, the Central Bank of Ecuador reports that between January and October this year 20,658 species falsified in Guayaquil, which were reported by the financial system were recorded . In 2014, in the city they totaled 27,459 counterfeit species.

According to the ECB, most counterfeit species correspond to the denomination of $ 20.

Wellington Boni of the Special Prosecutor for Organized Crime and International says there is a presumption that the square where counterfeits are produced is Colombia and land to enter Ecuador. “We usually try to introduce it into commercial, because the financial system has obviously trained personnel,” says the prosecutor.

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He explains that behind illegal counterfeiting is a business for profit generating put to circulation. “I hear there who buy tickets at 50% of the cost,” says Boni. Read Article