Counterfeit United States currency
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Counterfeiting of the currency of the United States is widely attempted. According to the United States Department of Treasury, an estimated 70 million counterfeit dollars are believed to be in circulation, or approximately $1 in counterfeits for every $12,500 in genuine currency.[1]
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[edit] Historical examples
There are several famous examples of counterfeit dollar notes in history. Among them:
[edit] 2005: Peru 2001 CB-B2 series $100 bill, issued 2001
In 2005, Peruvian Banks ceased to accept $100 bills from the series CB-B2, issued in 2001. The Peruvian media reported that the notes were so well made that they were "perfect fakes". The differences between them and genuine bills are very small and difficult to detect.[2] According to Peruvian news reports, a printing plate from the U.S. mint was stolen by a criminal, with possible links to al-Qaeda, and the plate was used to produce the counterfeit bills. [3]
[edit] 2005: Operation Gait $100 bills
Bills forged by Anatasios Arnaouti in the UK.
[edit] See also
[edit] References
- ^ "Press Release on Joint Report on Use and Counterfeiting of U.S. Currency Abroad", 10/25/2006, http://www.ustreas.gov/press/releases/hp154.htm
- ^ Bloomberg.com: Latin America
- ^ "Es imposible controlar la legitimidad del dólar". El Comercio. April 15, 2005. Archived from the original on May 28, 2007. http://web.archive.org/web/20070528150018/http://www.elcomercioperu.com.pe/ediciononline/html/2005-04-14/onlportada0289397.html.
[edit] External links
- Article by the Christian Science Monitor: "Made in South America: new breed of fake US dollars" Thu Apr 14, 4:00 AM ET
- "The Use and Counterfeiting of United States Currency Abroad" United States Department of Treasury
- Estimating the Volume of Counterfeit U.S. Currency in Circulation Worldwide: Data and Extrapolation. By Ruth Judson and Richard Porter, 1 March 2010.
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