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Man Held in $1-Million Counterfeiting Scheme

July 13, 1989|From Associated Press

PHOENIX — A man used a photocopier to produce $1 million in counterfeit $100 bills, the Secret Service reported. Richard Perez, 39, was arrested Tuesday after trying to negotiate with an undercover agent to trade the counterfeit money for 500 pounds of marijuana, agent Don Tucker said.

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