Boy doles out fake $20 bills at school

updated 6:13 p.m. ET Sept. 4, 2008

OCALA, Fla. - Authorities said an 8-year-old boy was handing out hundreds of dollars in fake $20 bills at an Ocala elementary school. School officials reported the boy to police on Tuesday.

The fake bills were discovered when a child tried to use one to pay for lunch. An administrator then tracked down several other students with fake bills. Those students all identified the boy.

The boy — who was not identified — was turned over to the Department of Children and Families after authorities learned his guardians had warrants for their arrest.

In all, the counterfeit money added up to 44 notes or $880. Police say they don't know who produced the fake currency.

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