Domestic and Overseas Printing of Fake US Dollars

In the 2013-2014 fiscal year, agents with the Secret Service in the United States seized $88.7 Million in counterfeit dollars within the U.S. Nearly 60 percent of the fake dollar bills seized were made by using inkjet or laser printers. Overseas, Secret Service agents seized $68.2 Million in counterfeit dollars during the fiscal year. Most… Continue reading Domestic and Overseas Printing of Fake US Dollars

Cost to Buy Counterfeit Euros in Bulk

According to financial regulators and security officers, since the introduction of the Euro in January 1, 2002, there have been over 6 million counterfeit euros and fake banknotes that have been removed from circulation. Intelligence officers estimate that over half of these fake notes were produced in the Italian town of Giugliano. (More crime in… Continue reading Cost to Buy Counterfeit Euros in Bulk

Number of Counterfeit Korunas in the Czech Republic

In 2013, authorities in the Czech Republic seized 2,045 counterfeit korunas within the country, down from the 3,586 counterfeit Czech banknotes seized in 2012. In addition to the fake koruna, Czech financial investigators removed 1,085 counterfeit money and banknotes from foreign countries in 2013. Below is the number of counterfeit koruna and altered coins that… Continue reading Number of Counterfeit Korunas in the Czech Republic

Counterfeit Won Removed from South Korea in 2013

The central bank in South Korea removed 3,585 counterfeit banknotes from circulation in 2013. In 2012, a total of 8,627 fake bills were removed from circulation. The number of fake 50,000 won note that was removed declined by 74 percent to 84 bills in 2013. The number of counterfeit 10,000 won notes removed declined by… Continue reading Counterfeit Won Removed from South Korea in 2013

Counterfeit Euros Seized in Second Half of 2013

The European Central Bank stated that 353,000 counterfeit euro bills were removed from circulation in the second half of 2013. The number of fake euros removed was 11.4 percent higher than the amount removed from circulation in the first half of 2013. There are a total of 15 billion euro banknotes in circulation. (All counterfeit… Continue reading Counterfeit Euros Seized in Second Half of 2013

Counterfeit Banknotes Discovered in the UK in 2012

Data released by the Bank of England stated that 719,000 counterfeit banknotes were discovered and removed from circulation in 2012. In total, there are nearly 3 billion banknotes in circulation in the United Kingdom. (How criminals in Peru make counterfeit money with Microsoft Office.) Source:  Penny Anderson and Jill Papworth, “How to spot a fake… Continue reading Counterfeit Banknotes Discovered in the UK in 2012

Counterfeit Banknotes in South Korea

Data from the National Police Agency in South Korea showed that there were 8,202 cases involving the counterfeiting of money in the country. The number of cases investigated by security agencies was a 225 percent increase from the 3,644 cases investigated in 2008. The number of people arrested for counterfeiting banknotes in South Korea also… Continue reading Counterfeit Banknotes in South Korea

How to Make Counterfeit Money

A security investigator working in Peru explained to the Associated Press the process of making fake money that made Peru the number one producer of counterfeit US dollars. In order to make counterfeit money, the counterfeiters use off the shelf software such as Corel Draw or Microsoft Office to design the dollar bill.  Using a… Continue reading How to Make Counterfeit Money

Counterfeit Euros in the Netherlands

In the first six months of 2013, bank officials in the Netherlands seized 19,400 counterfeit euro banknotes from circulation. The number of fake currency seized in the country was 49 percent higher than the number of fakes discovered during the same time period in 2012. Across the European Union, a total of 317,000 counterfeit euros… Continue reading Counterfeit Euros in the Netherlands

Fake Banknotes in India in 2011 – 2012

The Reserve Bank of India reported that up to 69.38 billion counterfeit banknotes were estimated to have been in circulation during 2011-2012. 27.84 billion of the fake currency were 100 Indian Rupees and higher. Financial regulators in India detected 521,000 counterfeit notes during the time period. It is estimated that up to $2.2 Trillion worth… Continue reading Fake Banknotes in India in 2011 – 2012