Fraud Prevention Blog

The Future of the U.S. Dollar & How it Might Affect Your Business

Posted by Stephanie Cho on Mon, Sep 19, 2016 @ 07:02 AM

It is often said that the act of counterfeiting money is as old as money itself. No matter the type of currency used throughout history – whether it was the metal coins used in Lydia in 640BC or the cowry shells that were used as currency in Orissa, India until 1805 – there was sure to be someone intentionally attempting to pass off a counterfeit version as the real thing.

Topics: counterfeit money, currency news, fraud, US currency, new currency

Counterfeit Money Hits Small Towns

Posted by Alisha Acosta on Thu, Jan 15, 2015 @ 11:00 AM

  Recently, a news story was featured on CBS 2 News Cedar Rapids, Iowa, that highlights the circulation of counterfeit money that has targeted the area.  The town is not exactly the type of market we imagine counterfeit currency thieves to target. We typically associate such a crime with large markets and big scale merchants. The Lion Bridge Brewing Company was the targeted business that had discovered that they had accepted counterfeit bills. 

Topics: counterfeit money, fake money, counterfeit money detectors, currency news

Sept 03, 2014 - Counterfeit Currency: Emerging into the Open Web

Posted by Alisha Acosta on Wed, Sep 03, 2014 @ 10:28 AM

Black market websites, located in the “deep web” are known for supplying sophisticated criminals- typically hackers- with information that will allow them to compromise a person’s identity. Personal information is typically the main commodity on such sites although, it is common to see transactions for illegal drugs, credit card data, malware, and spyware and in some extreme cases, even contracts for murder have been bought and sold on the deep web.

Topics: counterfeit money, fake money, counterfeit money detectors, currency news

Nov 13, 2013 - Will the New $100 Need to be Recalled?

Posted by Sean Trundy on Wed, Nov 13, 2013 @ 01:58 PM

Reports Already Coming-In about the New $100 note "falling apart'

Topics: counterfeit money, counterfeit money detectors, currency news

Apr 25, 2013 - Second Time's The Charm? New $100 Release Date

Posted by Sean Trundy on Thu, Apr 25, 2013 @ 03:53 AM

I really can't give the Federal Reserve or the Bureau of Engraving and Printing a hard time.  The new $100 bill is an attractive and quite secure banknote.  Without doubt, the most secured note produced, to date, by the United States.

Topics: counterfeit money, counterfeit detection, currency news

Apr 24, 2013 - Death to Counterfeit; Those were the days!

Posted by Sean Trundy on Wed, Apr 24, 2013 @ 02:31 PM

I read an interesting Article yesterday on Motley Fool, one of the sites where I go for relevant and timely infromation about the economy and individual stocks.

Topics: counterfeit money, counterfeit detection, currency news

Counterfeit Money News - August

Posted by Sean Trundy on Mon, Aug 22, 2011 @ 02:14 PM

Criminals interpreted the American prospect of “making money” quite literally in the past month, rallying authorities into attention and cashiers into caution as money counterfeiters struck all over the United States with counterfeit bills. The poison fruits of this federal felony – one that rouses the Secret Service into investigation – sprung in varying capacities and surprising locations.

Topics: counterfeit news, counterfeit money, fake money, counterfeit fraud, counterfeit detection, counterfeit fraud prevention, currency news

Detecting Counterfeit Money: Washed Note Counterfeits

Posted by Sean Trundy on Wed, Dec 22, 2010 @ 08:58 AM

A few days ago, I typed the words “Washed $100 Bill” into Google News, and below is the first page of results.  There were counterfeit money stories in newspapers and other publications from all around the U.S.  In fact, in December, alone, through 16 days, there were 37 separate news stories on the topic featuring the words “wash” and “$100”.

Topics: counterfeit news, counterfeit money, fake money, currency news

Counterfeit Money Increases 130%

Posted by Jimmy Aitchison on Wed, Oct 27, 2010 @ 04:05 PM

Recent articles in the Los Angeles Times and Inc. magazine discussed the release of a report from the Secret Service in which it was revealed that 2009 saw a year-over-year increase in counterfeit money seizures of greater than 130%.

Topics: counterfeit money, fake money, counterfeit fraud, currency news

Watch how the New $100 Bill is Manufactured

Posted by Sean Trundy on Fri, Jul 02, 2010 @ 09:10 AM

Topics: new $100, counterfeit money, currency news