Peru the global leader in dollar counterfeiting

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FILE - In this Aug. 17, 2012 file photo, a police officer inspects an alleged counterfeit $100 U.S. dollar note during a media presentation in Lima, Peru. With its meticulous criminal craftsmen, cheap labor and, by some accounts, less effective law enforcement, Peru has in the past two years overtaken Colombia as the No. 1 source of counterfeit U.S. dollars, says the U.S. Secret Service, protector of the world’s most widely-traded currency. (AP Photo/Karel Navarro, File)LIMA, Peru (AP) — The police colonel was stunned by the skill of the 13-year-old arrested during a raid on counterfeiters in Lima's gritty outskirts, how he deftly slid the shiny plastic security strip through a bogus $100 banknote emblazoned with Benjamin Franklin's face.