*This article is the last in a three-part series on counterfeiting. Read the first two articles in the series: Part 1, Part 2
Anti-counterfeiting technology in and on banknotes has been evolved more over the past 30 years than it has in the entire history of money.
Today’s banknotes are not just used as currency; they are [...]
*This article is the second in a three-part series on counterfeiting.
In the world of currency, developing anti-counterfeiting measures have always followed the emergence of counterfeit banknotes and coins, and they have taken on many different forms.
As seen in the previous article in this series, (read: Part 1: A History of Counterfeiting), one of the earliest [...]
The European Central Bank (ECB) announced today that the number of fake euro banknotes seized in the last six months rose by eight per cent from the first half of the year.
“In the second half of 2009 a total of 447,000 counterfeit euro banknotes were withdrawn from circulation,” an ECB statement said.
Though the increase is [...]
India will put together a ‘financial terror dossier’ this week in an attempt to garner international support in pressuring Pakistan to immobilize a booming counterfeit currency ring that exports bogus Indian banknotes into the country.
Since the attacks in Mumbai last November, India has been aggressively building a number of cases against the neighboring Pakistan, including [...]
Counterfeiting has never been easier. All it takes these days is a fairly inexpensive color printer, some graphic design software and a willingness to spend a few decades in jail if you get caught.
But desperate times call for desperate measures, so criminals struggling in a tough economy and savvy with advanced printing equipment have figured [...]
With counterfeit banknotes, ID papers, and open-air admission tickets becoming increasingly easier to produce and more frequent due to technological advances in scanning and colour printing, the need for security papers that can’t be copied is on the rise.
In response to this demand, Fortress Paper has developed Irisafe – a security feature that cannot be [...]
Paper money was developed in China around 960 A.D., but when it was 1,000 years later that money counterfeiting flourished within America. Counterfeiters had become so skilled that when the first federal coins were issued by the U.S. government in the 1780’s, they had the dies cut by an ex-counterfeiter in order to deter the [...]