Fraud Prevention Blog

Counterfeit Money vs. Your Bottom Line

Posted by Stephanie Cho on Tue, Dec 29, 2015 @ 10:01 AM

Can you tell which twenty is fake? The twenty on top is real and the twenty on the bottom is counterfeit.

Popular culture would have you believe that the Secret Service is an agency whose sole responsibility is providing security to the President of the United States, but they are actually an agency that deals first and foremost with financial crimes – mostly counterfeit money. In fact, the Secret Service was initially created not as a protection detail outfit, but as a method of counterfeit cash suppression.

It is the Secret Service who is called upon whenever counterfeit money turns up. And, if you’re following the news, counterfeit money turns up quite often.


Topics: retail fraud, counterfeit money, counterfeit money detectors, fraud, counterfeit detector, counterfeit

Why AAMVA Verification is not a foolproof ID Authentication method

Posted by Stephanie Cho on Tue, Oct 20, 2015 @ 01:07 PM

A criminal that has your information can take over your life in a variety of different ways: he could take out a loan in your name, he could empty your bank account, or he could even rent a car and simply not return it, leaving you with the bill. The possible uses of a stolen identity are varied and numerous to the savvy thief, but before he can truly put the stolen identity to use, he’ll need to have a physical identification card ready in order to ‘prove’ his identity whenever it is questioned. And thanks to the REAL ID Act, ‘proving’ his identity may have gotten a bit easier…

Topics: authenticating driver's licenses, counterfeit ID, ID Verification, ID authentication, counterfeit