4 Ways to Detect Counterfeit Money

MoneyTips

By: Alex
Reichmann, Counterfeit Money Expert and CEO of
iTestCash.com

According to the United States Department of the Treasury, about $70 million in counterfeit notes are being circulated in the U.S. with one out of every 10,000 notes being fake. The thing about counterfeit money is that it is not easy to keep track of, since most of the statistics that are available largely depend on the number of notes that have been seized. In addition, there are notes that circulate a few times before they eventually are seized. Currently, most counterfeiters use inkjet printers, photocopiers, and computers to make money, unlike in the past where they needed skilled printers and heavy printing presses. This has made money counterfeiting quite common.

Business owners and their employees need to be educated on how to spot counterfeit money, so that they do not lose hundr…

MoneyTipsBy: Alex
Reichmann, Counterfeit Money Expert and CEO of
iTestCash.com
According to the United States Department of the Treasury, about $70 million in counterfeit notes are being circulated in the U.S. with one out of every 10,000 notes being fake. The thing about counterfeit money is that it is not easy to keep track of, since most of the statistics that are available largely depend on the number of notes that have been seized. In addition, there are notes that circulate a few times before they eventually are seized. Currently, most counterfeiters use inkjet printers, photocopiers, and computers to make money, unlike in the past where they needed skilled printers and heavy printing presses. This has made money counterfeiting quite common.

Business owners and their employees need to be educated on how to spot counterfeit money, so that they do not lose hundr… […]
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