Expert Reviewed. How to Detect Counterfeit US Money. Four Methods: Judging by Touch Judging by Sight Examining Security Features Handling Counterfeit Money Correctly Community Q&A If you have a bill in your possession and are unsure of its authenticity, follow these steps to certify the real value of your money. Counterfeit money has been around for nearly as long as the real deal. When the first coins were minted several thousand years ago, the value of the coin was based on the intrinsic value of the metal. Edit Article How to Identify Counterfeit Money. Two Methods: Examining and Comparing Bills Detecting Counterfeits with Devices Community Q&A One of history’s oldest crimes is counterfeiting money and it the problem continues to grow: for example, the United States Secret Service removed move than $182 million in fake currency from circulation in 2009. It’s possible to tell if someone has given you counterfeit money by looking at the physical characteristics of the bill, such as ink, colors, and text, or by running the bill under a special scanner or lamp designed to detect counterfeit currency. Counterfeit Money: How to Spot Fake Bills by Paul Davis Last Updated: Nov 28, 2017 When retailers accept fake bills, they bear the entire burden of the loss. And though it’s true that counterfeiters’ techniques are getting more and more complex, there are numerous things retail employees can do to recognize counterfeit money. Back To Main. What to Do if You Receive Counterfeit Money. The United States Secret Service recommends if you receive a counterfeit:. Do not return it to the passer. Delay the passer if possible. Observe the passer’s description, as well as that of any companions, and the license plate numbers of any vehicles used. .
The Federal Trade Commission, the nation’s consumer protection agency, wants you to know that counterfeit check scams are on the rise. Some fake checks look so real that bank tellers are reporting being fooled. Counterfeit Prevention Checking – Preventing – Reporting. The Bank of Canada takes counterfeiting very seriously and responds by: researching and developing new notes with innovative security features that are both easy to check and hard to counterfeit Dri-Mark 351B1 Smart Money Counterfeit Bill Detector Pen for Use w/U.S. Currency Ratings & Buying Guides Check out the latest reviews and Ratings for car insurance, credit cards, luggage, and more from Consumer Reports. .