The 10 students who allegedly participated in a counterfeit money ring at Placer High School in Auburn won’t be arrested, the Auburn Police Department said Friday.
The students allegedly passed fake $20 bills at the school cafeteria and local restaurants near the high school, said Sgt. Tucker Huey of the Auburn Police Department. The fake bills were reported on Tuesday and six businesses have so far been identified as victims, police said. Investigators expect more business to come forward, Huey said.
A student at the school purchased phony money on the internet and allegedly exchanged it and sold it to other students, Huey said. The money was “marketed as prop money for a play or cinema,” he said.
All of the students involved in the scam are minors and investigators anticipate identifying more.
Huey said no arrests will be made and the department will finish its investigation and then refer it to the Placer County District Attorney and juvenile probation for a decision.