Jonesboro police investigate counterfeit cash
Posted: December 19, 2012 at 3:03 p.m.
JONESBORO Police in Jonesboro say counterfeit $20 bills are circulating in the area — including one a child tried to use to pay for a school field trip.
Police said the fake bills have turned up at convenience stores, fast food restaurants and an elementary school where a student tried to use one to pay $4 for a field trip.
No arrests have been made.
Craighead County Sheriff’s Investigator Justin Rolland told The Jonesboro Sun that the counterfeiters are using a process in which legitimate $1 and $5 bills are illegally converted into $20, $50 and $100 bills.
Rolland said the process involves removing the ink from the real bill and copying the larger denomination bill onto the paper.