Frank Bourassa, you may think you’ve just walked away from jail a free man, but I wouldn’t bet on sound sleep from now on – the U.S. Secret Service doesn’t really like being made to seem this foolish. In the meantime, however, ABC News reports on the teflon counterfeiter’s escapades:
A man who claims he is the best counterfeiter in the world, Frank Bourassa, has been allowed to go free after turning over a huge quantity of fake U.S. $20 bills that authorities say are “not detectable by the naked eye.”
Bourassa, a resident of Trois Rivieres outside Montreal, Canada, spent only a month and a half in jail and Canadian authorities agreed earlier this year that they would not extradite him to the United States for prosecution.
He walked out of court on March 28 after paying a $1,500 fine in Canadian dollars.
“I’m safe, absolutely,” Bourassa told ABC News in an interviewed to be broadcast tonight on “20/20”.
“They can’t do nothing about that,” he said after freely admitting how he set up a secret printing operation capable of producing $250 million in fake U.S. currency.
Bourassa’s fake $20 first showed up in Troy, Michigan in 2010 and U.S. and Canadian authorities spent almost four years tracking the source to Bourassa.
The fake notes have since been found across the U.S., from California to Nevada to Florida to states in the Northeast.
“It was important to get this right away, get this off the street, get this off the market,” said Tasha Adams, an investigator with the Royal Canadian Mounted Police.
“To detect the counterfeit on this one is very difficult,” added RCMP investigator Dan Michaud.
Bourassa said he spent two years studying the details about currency security on the website of the U.S. Secret Service to learn how to produce his fake money…
[continues at ABC News]