Police raided a small printing plant here Friday and confiscated $4,5 million in counterfeit U.S. Dollars. A 37-year-old Ashdod resident, alleged leader of the counterfeit ring, was arrested with two confederates at the plant. Police said they were caught red-handed. Two other suspects were arrested at their homes.
The arrests capped a five-month investigation and stake-out. Police said they watched ring members cart hundred Dollar bills from the press to a rented car. They said a search of the premises yielded good quality paper sufficient for printing between 200 and 300 million phoney Dollars, apparently for distribution in the U.S.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
