Jun

23

How To Detect Fake Currency

How to detect fake currency

by

gharija

How to detect fake currency

U.S. Secret Service are warning retailers and consumers in Connecticut that fake $ 100 bills and are in circulation in the state.

Connecticut Better Business Bureau (BBB) has been notified of a counterfeit notes had been sent to a retailer not identified in southern Connecticut. According to the BBB in Connecticut, started the project as a legitimate banknote counterfeit $ 5

“The culprits apparently used a technique that money laundering is legal and amendment of bills to look like $ 100 bills, said the BBB in a statement.” Many companies use special pencils to detect fakes, but, pens can not give the right to confirm suspicion of changing money, and is not sanctioned by the U.S. Treasury. “

The BBB advise business owners in Connecticut to turn to banks for help. Banks, BBB notes, and works closely with government investigators, using a technology that can tell if the paper money has been changed, and report cases of counterfeit money for secret services.

If you receive a fake, you can not recover your money, but the BBB says that companies can deduct losses from counterfeit money, a tax deduction.

Unfortunately, the counterfeits not limited to the state of Connecticut. I remember a detective from Philadelphia said that counterfeiters are highly mobile and come in all sizes and shapes.

“Some counterfeiters use the drug addicts and street people to spread false invoices for $ 10 and $ 20 for a wide range of commercial enterprises. Business owners do not take into account the substance or invoices for purchases and bills are so small,” says detective. “Thieves who use $ 50 and $ 100 notes have a tendency to be more professional. They have legitimate expectations and future employers are willing to accept the fake notes, without being suspicious. “

[youtube]http://www.youtube.com/watch?v=FLoBPAr0oTc[/youtube]

Detective said business owners should train their staff to review all invoices received, $ 10 and above. If they think they get a fake bill, call the police.

Owners of small businesses must be aware of the many ways to detect counterfeit money. The Secret Service provides the following methods to detect counterfeit bills:

Hold a bill to the light and looking for a hologram of the face on the bill. The two images are matched. For 100 U.S. dollars has been painted, the hologram shows a photograph of Abraham Lincoln that appears of $ 5 bills instead of Benjamin Franklin.

As for the bill by a narrow band also shows a vertical contains text that details the name Bill.

I will also give you some advice from the U.S. Treasury Department:

Color-shifting ink: If you hold the new series bill (except for $ 5) and tilt back and forth, please note the number in the lower right corner changes color from green to black and vice versa.

Watermark: Hold the bill to a light to view watermark in an unprinted space to the right of the portrait. The watermark may be visible from both sides of the bill because not just printed on the bill, but is embedded in the document.

Security Thread: Hold the bill to a light to see the security thread. You will see a thin imbedded strip from top to bottom in the face of a ticket. I is $ 10 and $ 50 the security strip on the right of the portrait, and $ 5, $ 20 and $ 100, which lies just to the left of the portrait.

Ultra Violet Glow: If the project is to ultraviolet light, light blue $ 5 bill, orange for $ 10 billion, light green $ 20 note, which is illustrated $ 50 bill yellow, and the $ 100 bill glows red – if they are authentic!

Microprinting: It is the way micro-minute security: the $ 5 bill has “USA FIVE” written on the thread, the $ 10 bill “USA TEN” written on the thread, it has $ 20 bill “USA twenty ‘written on the thread, $ 50 bill has “USA 50” written on the thread, has the $ 100 bill words “USA 100” written in the security thread. Microprinting are standing around and the security thread.

Fineline Printing reasons: very fine lines were added behind the portrait and the stage at the back to make it more difficult to reproduce.

Comparison: Compare the feel and texture of paper with accounts that you know is genuine.

If you think you have a counterfeit note, the U.S. Treasury Department recommended the following steps:

Do not put yourself in danger.

Do not return the bill to passersby.

Delay to spend it with an excuse, if possible.

Observe the description pass – and descriptions of their peers – and record their license plate number if possible.

Contact your local police or call your local Secret Service.

Print initials and date in the white border area suspected to be counterfeit.

Do not touch the fake note. Slip into a protective cover, a plastic bag or envelope to protect it until it is placed in the hands of an identified Special Secret Agent. You can also send to your nearest office of the Secret Service.

Remember, if you pass a counterfeit bill, you pay. Thus, accepting cash, it is better to be well informed about copyright infringement.

Hi, I am Mayur Gurjar.I am here to help you in your businesshttp://www.thebusinessdeals.com/

Article Source:

ArticleRich.com


Comments are closed.