Peng Daxiang

Peng Daxiang

In China, 97% of all counterfeit bills in circulation originate from the templates hand-drawn by 73-year-old painter Peng Daxiang. Peng profited by selling templates between $8000 and $12,000 each to counterfeiting gangs. Peng was arrested in 2013 and is currently serving a life sentence in prison.

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