fake banknotes

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http://au.news.yahoo.com/a/-/odd/526465 ... g-shoppers


anyone ever been given a fake banknote? i haven't.

In the UK, 1 in every 10 £1 coins is fake.

Ive seen fake notes when i used to work in a bar, but is dont think the customers ever tried to give them to me because i made a big song and dance by doing this checking ritual id developed + there were always foreign staff around who were more obvious targets. The rule was if you accepted a fake, that would be your wages that day IIRC.

I was given the opportunity to buy fake notes many years ago, but i declined as it seemed wrong. Id feel guilty passing them off to people & probably have looked really nervous!

when you look at the money creation process ALL of it is fake, good cartoon about it here http://video.google.com/videoplay?docid ... 2583451279 So by fake i mean smaller organizations have printed it.

i remember seeing a notice in a 7/11 store here advising the staff to keep an eye out for fake $50 notes.
aussie notes are made of plastic. when you crumple them up and let go they go back to their original shape. fake notes don't do that.

1 in 10!! !! ! crazy!! !!

The Federal Reserve, which is in charge of printing US dollar notes, is constantly trying to stay one step ahead of counterfeiters. (Only small change of less than $1 is in coins, making fake coins unknown.) They've changed the bills several times in the last few years trying to outwit some really sharp cookies like Mexican narcotraficantes and the Russian Mafia.

The $1 bill is rarely counterfeited. The most common is either the $20 note or the $100 note, seesawing back and forth from year to year. (US dollar notes come in $1, $5, $10, $20, $50, $100. $50 is rarely used.) Many places won't take $50 and $100 notes due to fakes. The average American rarely uses anything larger than a $20 in everyday business, and even then the risk of getting a fake note is only a few percent. Businesses are much more at risk from fakes than average people.

America is increasingly shifting to an all-electronic system, where people use credit or debit (a card linked to your checking account) cards for purchases. Cash is increasingly the province of illegal transactions (drugs, prostitution, underground economy) and a small remnant of lunatics who imagine a massive global conspiracy spying on them via credit/debit card data. Card data IS used by marketers to send you advertising, but the government has little interest in tracking card data except in a halfbaked attempt to catch terrorists, who use cash anyway.

coin operated machines do it by weight and size for sure, and I think the more modern ones do by electrical conductivity.

If I use a $100, they have a sort of magic marker they put over the bill to make sure it's not fake. Haven't passed one myself, that I know of.

There was a subculture of kids here in the US using computers, things like Photoshop, etc., that were trying to make fake bills. Usually they're caught fairly quickly.

Most of the best counterfeit US currency is made in Lebannon or North Korea.

Zimbabwe is only a short step from needing scientific notation...

trues,

Somebody passed me a fake hundred once... I was fooled for about a minute, but the fake bill didn't have the portrait embedded in the paper, and that's how I spotted it... the guy who gave it to me took it back without a hassle, even though he was walking away by then and I had to call him back... since then I always look at each bill and verify the portrait, or on older bills, the red and green hairs that are incorporated into the paper, both of which are very hard to fake...

If you familiarize yourself with the anti-counterfeiting features of your local currency, there is very little chance you will be fooled by a fake bill...

Nope, just NZ money.