Counterfeit Bills facts
While investigating facts about Counterfeit Bills Meaning and Counterfeit Bills Secret Service, I found out little known, but curios details like:
In 2005 a Baltimore man was arrested and handcuffed to a pole for 3 hours for paying a $114 fee with 57 $2 bills. The Secret Service was called to make sure it wasn't counterfeit money - which it indeed was not.
how counterfeit bills are made?
The fake prop money used in Rush Hour 2 was too accurate. After extras tried to spend what was left lying around after the climax was filmed, the Secret Service raided and seized $100 million in fake bills from the prop maker and accused them of counterfeiting.
What to look for in counterfeit 100 bills?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what is counterfeit bills. Here are 28 of the best facts about Counterfeit Bills Canada and Counterfeit Bills With Chinese Writing I managed to collect.
what to do with counterfeit bills?
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For 10 years, Emerich Juettner printed poorly made counterfeit $1 bills (Washington was spelled Wasihgton). He never used more than $1 at a time and never in the same place twice. He was caught only after a fire at his apartment. He was sentenced to one year and one day in prison, and a $1 fine.
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In China, 97% of all counterfeit bills in circulation originate from the templates hand-drawn by 73-year-old painter Peng Daxiang. Peng profited by selling templates between $8000 and $12,000 each to counterfeiting gangs. Peng was arrested in 2013 & is currently serving a life sentence in prison
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One of the United States' most elusive counterfeiters turned out to be a 72 year-old man who made crude $1 bill fakes that were printed on paper and included such errors as "Wahsington." When caught, the man was given a year in jail and fined a single real dollar.
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Superdollars, very high quality counterfeit hundred bills that have been circulating since the late 1980s. The bills are so high quality that they exceed the quality of genuine bills. Possible suspects for the counterfeits include North Korea or criminal gangs in Iran, Russia, China or Syria.
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North Korea has one of the most sophisticated counterfeiting operations in the world and it's one of the main reasons why the $100 bill was updated in 2013
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North Korea creates 'Supernote', very high-quality, counterfeit US $100 Bills. It outputs $45 Million worth of them per year.
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Since the introduction of plastic bills, the amount of counterfeit bills the RCMP processes has dropped from 35-45,000 to 1500
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Peru is the world's #1 producer of counterfeit US dollars. In 2015, over 16 million forged bills seized in the US were of Peruvian origin. The forged dollars are finished by hand, giving them an exceptional quality which has earned the country its top spot
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A woman genuinely tried to pay for $1 675 of merchandise at Walmart with a counterfeit $1 million dollar bill
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The faces of the $2 bill have not been changed since 1976 and the bill has no security features because the $2 bill is counterfeited too infrequently to warrant a change
What is true about counterfeit bills?
You can easily fact check it by examining the linked well-known sources.
Frank Bourassa, a Canadian counterfeiter, set up a secret money printing operation and printed $250 million in counterfeit bills. He was caught after selling $50 million of the bills and only spent 6 weeks prison, as part of an agreement to not be extradited to the U.S. for prosecution.
Prolific con man Victor Lustig sold the Eiffel Tower twice as well as auctioned off a useless box which he claimed printed $100 bills. He was caught while running a counterfeit operation for 5 years straight, during which time counterfeit cash became known as "Lustig money". - source
There is a security feature on legal tender called a EURion constellation that prevents most copiers from printing a counterfeit bill. - source
A man named Frank Bourassa counterfeited $250 million in fake $20 bills and only got 6 weeks in prison
Emanuel Ninger was a counterfeiter in the late 1880’s, known as “Jim the Penman”. He would spend weeks at a time on each note, always omitting the line crediting the Bureau of Engraving and Printing from his bills. When asked why the omission, he said he had made the bills, not the treasury - source
When was the counterculture movement?
In 2005, a Peruvian bank found "nearly perfect" counterfeits of $100 US bills. The bills were reported to be produced by a printing plate from the Bureau of Engraving and Printing, stolen by criminals linked to Al-Qaeda
How to spot counterfeit bills?
In World War II, Germany tried to collapse the British economy by dropping millions of counterfeit bills over London.
Superdollars", counterfeit bills of superior quality, circulate worldwide and are almost impossible to detect
Between the 17th and early 20th centuries, many people used the term "shoving the queer" in reference to counterfeiting money. This is where the term "Queer as a three dollar bill" comes from. People arrested for "shoving the queer" were counterfeiters.
P-Funk frontman George Clinton used $1.2 million in counterfeit bills to pay for studio time.