TIPS TO SPOT COUNTERFEIT MONEY

TIPS TO SPOT COUNTERFEIT MONEY

 

 

Money

Counterfeit Money is a real threat to businesses and can result in tremendous losses if employees do not control what they accept in their cash register. Not only will the business lose the value of the money, but the owner will also look suspicious when attempting to deposit that money at the bank, even if he or she did not know it was counterfeit; this is an embarrassing situation nobody wants to find themselves in. This article will provide some tips on how to check a bill and make sure it is real.

The best approach to checking if a bill is suspicious is to use a counterfeit detector that is equipped with at least the two most basic detection functions: Ultraviolet (UV) and Magnetic (MG).

The UV detection checks to see if a bill contains the special security thread found in US bills, a vertical line that should be the only part of the bill glowing under the UV light. If the whole bill glows and/or the security thread is not present under the UV, then the bill is suspicious and most likely counterfeit.

The Magnetic detection checks the ink used to print the bill. Official US bills are printed with an ink that contains traces of iron particles which should be recognized by a detector with MG detection. If it does not recognize the magnetic ink on the bill, then this bill is suspicious and most likely counterfeit.

Unfortunately, counterfeiters are always trying to make a better quality counterfeit bill and some highly sophisticated counterfeit bills still reproduce the security features stated above. It’s a good thing there are highly sophisticated counterfeit detectors  equipped with many other detection functions able to spot the smallest inconsistencies of a bill. We will provide more details in a future article.

1 comment

Thanx for your efforts and writing you have done to compose the list. Keep up the good work.

John Mayton

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