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To: ms.smartest.person who wrote (1519)	10/6/2006 12:50:57 PM
From: ms.smartest.person	Read Replies (1) \| Respond to of 3198

RCMP bust fake coin ring near Montreal Fri Oct 6, 11:50 AM The RCMP and Quebec police have broken up a highly sophisticated counterfeit ring that was manufacturing fake loonies and toonies - a first in Canada, officials say. RCMP Corporal Luc Bessette told CBC that the quality of the counterfeit $1 and $2 coins is astounding. "The complexity of the operations and the end product that came out of that factory is the first time [we've seen] in Canada," Bessette. In early September, police in Repentigny, a city northeast of Montreal, accompanied Revenue Quebec officials to a metal token manufacturing factory, to carry out a search warrant for tax evasion. When officials entered the plant, they discovered coin-making equipment, a pile of coins almost ready for circulation, and raw materials. Officials contacted RCMP. Bessette said he doesn’t know how many of the $1 and $2 coins have made it into circulation, but said the fake money can easily be mistaken for the real thing. Police have arrested one person so far but expect to make more arrests in coming weeks. Officials say more arrests are expected in the coming weeks. ca.news.finance.yahoo.cbc.ca