U.S. marshals arrested a man in Florida on Wednesday on a $2,272,566 counterfeit paper deal.
The indictment says that in May 2017, the man bought 50,000 rolls of $1.9 million paper at a local paper mill and sold it to an unnamed mill in the state of Florida.
The paper mill’s owner, Scott Smith, said he had purchased the paper from a Florida paper mill but did not know the man’s name.
The sheriff’s office in Tallahassee, Fla., did not immediately respond to requests for comment.
The Miami Herald reported that the alleged deal was allegedly conducted via the Internet, with the suspect posting an ad on Craigslist in February of this year seeking to purchase $2m worth of paper.
The ad stated the buyer could receive up to 10 rolls per transaction, according to the paper.
Smith told the paper he never received the order, and the paper mill owner declined to comment to the Herald.
According to the Miami-Dade County Jail, the alleged paper mill transaction took place on or about April 20, 2017.
Smith was charged with wire fraud and making false statements.