Counterfeit Bills
A gas station in northern Laos reported that a customer passed 14 fake 50,000 kip bills (worth US$2.34 each) to fill up the car’s gas tank, the owner of the establishment told Radio Free Asia. It’s one of many incidents of counterfeit bills surfacing at businesses in the region since the national bank’s April 26 […]
More Counterfeits In Circulation
In 2023 in Germany, the Bundesbank registered approximately 56,600 counterfeit euro banknotes with a nominal value of €5.1 million in German payments. The number of counterfeits was thus up by 28.2% on the year. “The increase in counterfeit figures was driven by a handful of major cases of fraud, predominantly involving counterfeit €200 and €500 banknotes,” stated Burkhard […]
Banknotes Counterfeit Detection
Financial institutions in Bosnia and Herzegovina have adopted and implemented various security measures in preventing production of counterfeited banknotes as well as security measures in detecting counterfeited banknotes. Despite that, there are still many cases of money counterfeiting being reported in this specific country. This happen due to various reasons for instance not thorough attention […]
Counterfeit Euro Banknotes
Although the proportion is very small, the actual number of counterfeits increased compared with 2022, when the number of counterfeits was exceptionally low following the coronavirus (COVID-19) pandemic. In any case, the number of counterfeits remained lower than in the years leading up to the pandemic. €20 and €50 denominations continued to be the most […]
Counterfeiters of high-quality €100 notes
he fake money produced by the gang was good enough to pass through ATMs and other machines undetected, Spanish police said. The banknotes were distributed in several countries. Police in Spain, Italy and Greece have dismantled a criminal organization of Pakistani origin that has produced and distributed over €1 million ($1.1 million) in counterfeit €100 notes. The authorities arrested 14 people, including the […]
Counterfeit Currency
Welcome to WordPress. This is your first po Large-format print of the new banknotes at the National Printing Bureau, Kita-ku, Tokyo,on June 28, 2023. (©Sankei by Masahiro Sakai) Japan is releasing three new banknotes in July. One is the new 10,000 yen note featuring Eiichi Shibusawa, revered as the “father of modern Japanese economy.” However, the primary aim […]
