Counterfeit Money Cases

The Hollywood version of counterfeiting is always so chic and professional. Cool, practiced criminal masterminds produce precise high-tech forgeries to fool the best detection methodologies the Secret Service can muster. Of course, the reality is that not all who pass bad money are quite so adept at their craft.  Take a look at some of the less subtle fakeries.

crimescene

A January 2013 case saw two men arrested after one of them attempted to eat several fake bills, according to police. Police were contacted and when they arrived at the restaurant’s the pair tried to spend it in, where one of the men tried to consume the bogus cash. He was prevented from doing so. Having been denied meals at two restaurants as well as a snack on the money itself, there was no word on whether the pair finally got a good meal in jail.

Some people are surprisingly good at passing obviously bad money. In 2004, a clerk at a clothing outlet in Pennsylvania accepted a $200 bill from one customer despite the fact that there is no such denomination of U.S. currency. If a $200 note strains credulity, you can imagine the reaction of the clerk at a Georgia Wal-Mart in 2004 when a customer casually attempted to spend a $1 million bill for her purchases. Needless to say, the cashier wouldn’t have quite enough change in her drawer even if she were under the mis-impression that the United States produced seven-figure monetary denominations. 

counterfeitmomey3Law enforcement conducting a 2006 raid in California were surprised to find not just fake cash but 250 bills marked as having denominations of $1 billion each leaving enough phony cash in the apartment to pay off a majority of that year’s federal budget deficit. Police said bills in such massive denominations are sometimes employed in scams to defraud others.

Security Features of the US Twenty Dollar Bill

In the not-too-distant past, counterfeiting was a difficult and expensive endeavor. It required large printing presses and the ability to cut intricate designs by hand into metal plates. Today, it’s much easier to create counterfeit bills. So remain vigilant and know how to check if your bills are. Check the portrait, seals, borders, serial number and paper used against a real bill to check its authenticity.

ss fiber4

Shanghai Metal is committed to deterring counterfeit tender and manufactures the steel fibre for anti counterfeit paper. As an ISO 14001 (International Quality Management System) Company and recipient of the “Star Enterprise Award,” Shanghai Metal Corporation prides itself on exceeding international standards of quality and reliability. We guarantee the best prices, quality, and fast delivery. To find out more, please visit our websiteLinkedInTwitter, Facebook and Instagram. Or you could try our new mobile app by scanning our QR code.

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Sources: Answers, US Secret Service

Siobhan R.// SMC Editor

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