Backblaze Finds $1 Million Counterfeit Cash

Argentinian mafia

No, I’m not kidding.

Just over a month ago we launched Locate My Computer, a free feature of our online backup service, to find your computer if it is lost or stolen. Since then a number of people have recovered their computers.

However, one of our customers (let’s call him “Joe” as he requested anonymity since those who stole his laptop are connected to the mafia) shared an incredible story about what happened when the police recovered his laptop:

When they searched the apartment where my macbook was located they also found one million dollars in counterfeit bills. The story was all over the news here in Buenos Aires. Unfortunately for your company, the police and press kept referring to Backblaze as a GPS locator. As many times as I told the police the program I was using, they didn’t totally understand what it was, and thought it was a GPS chip. Anyway, I just wanted to let you guys know the good news, and thanks to Backblaze I got my stolen computer back, plus a counterfeiting ring was busted!!

While this story hasn’t been covered in the U.S., Joe shared some of the coverage it received in Argentina. The articles are all in Spanish, but the highlights are:

  • $1 million in counterfeit bills
  • 2,450 sheets containing about 10,000 bills
  • Mostly $100 denominations
  • One person arrested; six people detained

The Mac and the counterfeit cash were found at Calle Carlos Calvo 1500, San Cristobal:
Map of counterfeit cash location

Clarin, the largest Argentinian paper, writes “band of foreigners brought down with fake $1,000,000” (Google Translate version.) Other Argentinian sites including Infobae, Yahoo News, and El Argentino also covered this discovery.

Joe says, “Thanks again for the service. Best $5 a month I’ve spent.

Thanks for sharing the story, Joe. The Argentinian police should thank you, as well!


About Gleb Budman

Gleb Budman is a co-founder and has served as our chief executive officer since 2007, guiding the business from its inception in a Palo Alto apartment to a company serving customers in more than 175 countries with over an exabyte of data under management. Gleb has served as a member of our board of directors since 2009 and as chairperson since January 2021. Prior to Backblaze, Gleb was the senior director of product management at SonicWall and the vice president of products at MailFrontier, which was acquired by SonicWall. Before that, he served in a senior position at Kendara, which was acquired by Excite@Home, and previously founded and successfully exited two other startup companies.