Counterfeiting Aim: How are counterfeit bills detected? Do Now: Name any ways you know of to tell if a bill is real or fake.

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Presentation transcript:

Counterfeiting Aim: How are counterfeit bills detected? Do Now: Name any ways you know of to tell if a bill is real or fake

Counterfeiting When false documents or other items are copied for the purpose of deception, it is called counterfeiting. A criminal activity existing since antiquity Items commonly counterfeited today include: Currency Traveler’s checks Food stamps Certain bonds Postage stamps

Counterfeit Currency Security features are added to paper currency that scanning cannot reproduce Regular printer paper contains starch; Paper currency contains rag fiber instead of starch. What is the Number one reason people suspect fakes? it doesn’t feel right.

Counterfeit Currency Currency is always being redesigned to make it more difficult to counterfeit. New bills: $20 – October 9, 2003 $50 – September 28, 2004 $10 – March 2, 2006 $5 – Early 2008

Authentic vs. Counterfeit The tiny, intricate lines and details on paper money do not always print well in counterfeit bills.

Verifying Authentic Currency New Security Features: 1. Portrait stands out and appears raised off the paper 2. Contains clear red and blue fibers woven throughout the bill 3. Has clear, distinct border edges 4. Treasury seal is shown with clear, sharp saw-tooth points 5. Watermark appears on the right side of the bill in the light

Verifying Authentic Currency 6. The security thread is evident—a thin embedded vertical strip with the denomination of the bill printed in it 7. There is minute printing on the security threads, as well as around the portrait 8. When the bill is tilted, the number in the lower right- hand corner makes a color shift from copper to green

A Few Video Clips fort knox documentary spot the counterfeit