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Published byFernanda Hunter Modified over 9 years ago
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Anti- Counterfeiting
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July 5, 1865- the Secret Service was created to deter counterfeiting Including: U.S. currency and coins, U.S. Treasury checks and U.S. postage stampsU.S. currency and coinsU.S. Treasury checks Manufacturing of counterfeit U.S. currency is punishable by a fine up to $5,000, or 15 years in prison, or both Possession of counterfeit currency with a fraudulent intent is punishable by a fine up to $15,000 or 15 years in prison, or both
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Anti-Counterfeiting Design changes are scheduled for every 7-10 years $20 – 2003 $50 – 2004 $10 – 2005 $5 – 2009 $100 – 2011 $1 and $2 – Will not be redesigned
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Reproducing Currency Must be less than three-fourths or more than one and one-half the size of the currency Must be one sided All negatives or digital images must be destroyed or deleted after their final use Cannot be in color
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Whoever mutilates, cuts, disfigures, perforates, cements together any bank bill, draft, or note issued by any national banking association, Federal Reserve Bank, or Federal Reserve System with intent to render such item(s) unfit to be reissued. Fine of $100 or imprisoned not more than six months, or both Defacement of Currency
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Write your initials and date on the back Write on a separate paper the details of how you got the bill (Who, Where, When) Handle it as little as possible to preserve any finger prints and place in envelope Contact nearest U.S. Secret Service office or local police If you get a counterfeit bill.
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