| Forget about the threat posed by North
| |
| | what was seen as retaliation for the US's
|
| Korea's missile program. It's already
| |
| | sanctions over its counterfeiting and
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| scoring damaging hits on the west with
| |
| | money laundering.It was also revealed
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| what's known as the "superdollar" - an
| |
| | late last year that a Taiwanese national
|
| almost perfect counterfeit US$100 that
| |
| | arrested in the US on charges of dealing
|
| the rogue nation has been producing by
| |
| | in counterfeit bills had disclosed to the
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| the million and dumping on the world
| |
| | FBI that North Korea was also using
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| currency market.One estimate puts the
| |
| | Chinese organised crime groups to
|
| amount Nth Korea makes from
| |
| | distribute its "super dollars".The BBC
|
| counterfeiting more than US$100 million a
| |
| | has previously reported that
|
| year.In November the US put a range of
| |
| | "superdollars" are produced on a highly
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| financial sanctions in place against
| |
| | sophisticated printing press, known as
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| North Korea after the US Treasury
| |
| | the Intaglio, similar to the one used to
|
| revealed it had been using a bank in
| |
| | print money in the US. According to one
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| Macau to put counterfeit currency into
| |
| | defector, the notes were produced in a
|
| circulation. According to US Treasury the
| |
| | special counterfeiting plant. "We bought
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| bank, the Banco Delta Asia was "a willing
| |
| | the best of everything - the best
|
| pawn for the North Korean government to
| |
| | equipment and the best ink. But we also
|
| engage in corrupt financial
| |
| | had the very best people, people who had
|
| activities".The bank, which had links to
| |
| | real expertise and knowledge in the
|
| the North Korean regime stretching back
| |
| | field."The notes were also distributed by
|
| two decades, had accepted large deposits
| |
| | North Korean officials and diplomats when
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| of counterfeit US currency and put them
| |
| | they travelled.According to the Heritage
|
| into circulation. The bank had also been
| |
| | Foundation, an independent US thinktank,
|
| used for laundering the proceeds of drug
| |
| | the public naming of the Banco Delta Asia
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| smuggling and counterfeit cigarette sales
| |
| | in Macau last year has not stopped the
|
| carried out by front companies set up by
| |
| | flow of counterfeit notes. It says
|
| the North Korean government, according to
| |
| | there's evidence that North Korea has
|
| the US Treasury.Shortly after the
| |
| | switched to using Chinese state-owned
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| revelations the Macau Government stepped
| |
| | banks in the nearby Chinese Zhuhai
|
| in and placed administrators in the bank
| |
| | Special Economic Zone.The think tank
|
| to ensure all connections with North
| |
| | reported earlier this year that North
|
| Korea were cut.
| |
| | Korea's printing presses had also been
|
| North Korea broke off international
| |
| | churning out counterfeit Japanese yen,
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| nuclear disarmament talks in November in
| |
| | Thai baht, and in recent years, Euros.
|
