Archive for October, 2007

Is Your Counterfeit Detecting Pen Counterfeit?

The Real Hustle is a television series demonstrating confidence and magic tricks, distraction scams and proposition bets performed on members of the public. In this clip they creatively use the Counterfeit Detecting Pen to pull off their scam.

Just goes to show you the need to purchase these pens from a reputable source — like online at iTestCash.com

The Holidays and Surges in Counterfeit Bills

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A recent surge in counterfeit money in the Nogales has area merchants looking closely at the greenbacks they accept from customers.

Officers from the Nogales Police Department confiscated the notes, which will be forwarded to the U. S. Treasury Department. NPD spokesman Lt. Octavio Gradillas said that no arrests have been made because the parties involved were unaware they were passing money that might be considered spurious.

“It’s not to the point where we feel it’s something specific that is going on, like someone is counterfeiting and passing bills out,” said Gradillas. He said that while the holidays are the usual times that his department sees surges in counterfeit bills, reports of two or three counterfeit bills discovered in a single day are not unheard of.

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Top Countries in Producing Counterfeit U.S. Currency

The Dollar Always Greener on the Other Side?
The United States Secret Service was established in the 19th century at the end of the American Civil War to try to put an end to counterfeiting when approximately one-third to one-half of all the currency flooding the nation’s market was fake. Today in the 21st century, the Secret Service’s role has expanded to include aggressively pursuing American money counterfeiters and traffickers internationally.

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How to Spot Counterfeit U.S. bills using eyes/hands

If You See the Ghost of a Dead President, It’s Probably the Real Thing …
Counterfeiting is once again on the rise with the lightning speed advancement of computer technology and worldwide access. A popular forgery method is digital printing using computer scanners and high-resolution printers. Professional money-printing presses use technologies similar to those of the U.S. Bureau of Engraving and Printing and produce high quality “supernotes” or “superdollars” that can easily fool an unwary or untrained eye. But despite the generally high quality, funny money is regularly detected at the U.S. Federal Reserve Bank cash offices and in financial institutions all over the globe.

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How spending five bucks can save you losing 100 bucks!

Identifying Phony Money Takes Common Sense and a Handy Gadget
The crime of currency counterfeiting is once again on the rise and poses a potential serious threat not only to the nation’s economy but world economy as well. For anybody who handles money in any way shape or form – and who doesn’t? — becoming more familiar with currency, especially the new U.S. paper currency, can save a lot of financial loss and heartache. And there are some handy, inexpensive items on the market to help determine both fake and genuine bills. Continue Reading »

Does Counterfeit Money Smell Different from Real Money?

Funny Money Going to the Dogs

The advancement of digital technology, with computer scanning capability and high-resolution printers, has made production of large quantities of counterfeit currency relative child’s play. Virtually anyone anywhere in the world can do it, and in a very short time. But counterfeiting is one of the oldest crimes in history. The United States Secret Service was established back in the 19th century at the end of the American Civil War as a remedy to the fact that one-third to one-half of all the currency flooding the nation’s market was fake. Continue Reading »