Chocolate Billionaire Bites Recipe

1 14 oz package caramels
3 tablespoons water
1 1/2 cups coarsely chopped pecans
1 cup coarsely crushed rice crispy cereal
2 cups milk chocolate chips
1/3 bar paraffin wax

In top of double boiler over low heat or in microwave, melt caramels with water.

Remove from heat and stir in pecans and cereal.

Drop by heaping teaspoonfuls onto lightly greased waxed paper. Chill until firm.

In top of double boiler over low heat, melt chocolate chips and paraffin.

Dip drops in melted chocolate. Place on waxed paper and chill until set. Store in airtight container.

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