A New Jersey man is in hot water after he was caught trying to smuggle $23,000 in phony hundred dollar bills into the country, authorities said.
Fred Moloche, 34, had just returned from a trip to Peru when customs officials found the counterfeit cash in a bag at around 1 p.m. yesterday.
Suspicious customs agents flagged down Port Authority cops who then cuffed Moloche, law enforcement sources said.
After the the currency was confirmed fake, Moloche was charged with first-degree forgery, authorities said. He is currently awaiting arraignment.