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Suggested clip How to spot counterfeit money - YouTubeYouTubeStart of suggested clipEnd of suggested clip How to spot counterfeit money - YouTube
Look at the intricate lines in the bill's border. Genuine bills have scroll work that is highly defined, but the margins of counterfeit bills may be broken, fuzzy or indistinct. Look at the serial number on the bill. The color and shade of these numbers should match that of the bill's Treasury Seal.
Hold the note to light and look for a faint image of Benjamin Franklin in the blank space to the right of the portrait. The image is visible from both sides of the note. Tilt the note to see the numeral 100 in the lower right corner of the front of the note shift from green to black.
The $100 bill has a colored number stretching vertically from corner to corner on the back. The $5 bill has a purple 5 in the bottom right corner on the back. The $10, $20, and $50 bills have matching green numbers in the bottom right corner on the back. The $100 has a gold 100 on the back.
Hold the note to light and look for a faint image of Benjamin Franklin in the blank space to the right of the portrait. The image is visible from both sides of the note. Tilt the note to see the numeral 100 in the lower right corner of the front of the note shift from copper to green.
Run your finger across the paper note and if it's genuine, you should be able to feel the raised print on areas such as the words 'Bank of England' on the front. If it's a counterfeit, the note is unlikely to have a textured feel to it and will feel flat all over.
Responsible for producing and distributing an estimated 60 percent of the world's counterfeit U.S. notes, more fake American money comes from Peru than any other country, according to the Secret Service, which has been combating the currency's rise since 2003.
The $20 bill is the most commonly counterfeited banknote in the U.S., while overseas counterfeiters are more likely to make fake $100 bills. The real $100 bills are more prevalent overseas as well, according to the Federal Reserve Bank of San Francisco.
01 percent of approximately $600 billion in U.S. currency in circulation was counterfeit!
According to the United States Department of Treasury, an estimated $70 million in counterfeit bills are in circulation, or approximately 1 note in counterfeits for every 10,000 in genuine currency, with an upper bound of $200 million counterfeit, or 1 counterfeit per 4,000 genuine notes.
The chances of getting counterfeit money from an ATM might be off-the-charts low less than 0.01% of all U.S. currency in circulation is reported counterfeit, according to the U.S. Federal Reserve but it does happen.
America Juettner aka Edward Mueller, documented in Mister 880, he was possibly the longest uncaught counterfeiter in history. For ten or more years he eluded government authorities while he printed and spent fake $1 bills in his New York neighborhood.
The amount of counterfeit United States currency is estimated to be less than $3 per $10,000, with less than $3 per $100,000 being difficult to detect.
Suggested clip How to Insert Currency Signs in Microsoft Word — YouTubeYouTubeStart of suggested clipEnd of suggested clip How to Insert Currency Signs in Microsoft Word — YouTube
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