counterfeiting
UK Unveils E-Passport With New Security Features
In an effort to fight identity theft and fraud, the UK has unveiled a new electronic passport complete with heightened security features and a revamped design. Though the previous UK passport was already equipped with a radio frequency identification (RFID) chip – the device that makes an electronic passport electronic (read more here) – the [...]
“Dramatic Increase” in Fake US Bills North of the Border
The RCMP Winnipeg Commercial Crime Section said last week they have seen a dramatic increase in the number of counterfeit US $100 banknotes being passed in Edmonton and surrounding areas. The fake notes are very good quality, they reported, and contain security features that closely mimic those found in genuine notes. Though the United States [...]
VIDEO: “Turning Paper Into Cash” – Bloomberg
Fortress Paper President & CEO Chad Wasilenkoff appeared live on Bloomberg Television this week to talk about the future of money. From the technological advances in security features, to the composition of a new banknote series, to the continual need for bills around the world, Wasilenkoff highlights the importance of turning paper into cash in [...]
“Counterfeiting, A Three-Part Series.” Part 3: Modern anti-counterfeiting measures
*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; [...]
“Counterfeiting, A Three-Part Series.” Part 2: The evolution of anti-counterfeiting measures
*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 [...]
“Counterfeiting, A Three-Part Series.” Part 1: A history of counterfeiting
*This article is the first in a three-part series on counterfeiting. The act of counterfeiting is as old as money itself. Plaguing ancient Rome, empirical China, newborn America, and many other nations over the past 2500 years, the illegal activity came hand in hand with the creation of money. Even prior to the invention of [...]
ECB: Counterfeit euros up 8 per cent
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 [...]
India Attempts Crack Down on ‘Financial Terror’
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, [...]
FOXNews.com: “The Dollar Bill Goes High-Tech”
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 [...]
VIDEO: Fortress Paper President & CEO on BNN
Fortress Paper’s President & CEO, Chad Wasilenkoff, talks to the Business News Network (BNN) about his company’s focus on non-woven wallpaper & security paper, and speaks about upcoming innovations at their Landqart Mill in Switzerland. Watch the BNN clip HERE, or by clicking on the image to the right.
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