Counterfeit Money Scam
A 27-year-old Owatonna man pleaded guilty in Minneapolis Federal Court on Wednesday for his role in a counterfeit money ring that struck several businesses along I-35 between the Twin Cities and Iowa.
Eight people from southern Minnesota were charged in Minneapolis Federal Court Friday in connection with a counterfeit money ring that targeted businesses along the I-35 corridor between the Twin Cities and the Iowa border.
Store clerks are often trained to spot counterfeit currency. Using special felt markers, they’ll check to see if the money tendered is worth the paper it’s printed on. If the marker stripe on the large denomination bill turns yellow, chances are the bill is legitimate.