$20 million in counterfeit U.S. dollars seized by Peruvian police

Peruvian police showed off a stash of $20 million counterfeit U.S. dollars on Wednesday they seized from a vehicle that was transporting the fake bills earlier this week.

The chief of the fraud division of Peru's national police, Jose Cruz, said four people were arrested in the operation. Cruz also said the operation was a joint venture with the U.S. Secret Service. According to Peruvian police, anti-fraud operations have seized some $300 million in counterfeit currency and disbanded 21 criminal organizations in the country.