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The History of Counterfeit Money

The History of Counterfeit Money

Counterfeit currency has been in circulation for nearly as long as currency itself. Long before bills were used a form of money, counterfeiters would alter others forms of currency to gain more value than the traded item was worth. One of the first instances of this was during the foundation of the American colonies, when Native Americans would trade shells known as wampum as a form of currency.

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Your Guide to U.S. Federal Counterfeit Money Laws

Your Guide to U.S. Federal Counterfeit Money Laws

Counterfeiting has been going on for centuries. Every time fake money gets into the market, the currency and the people’s belief in the government becomes devalued. That is why the government has to play a role in protecting the currency’s integrity. The founders of America put a clause in the constitution that stated that any person found counterfeiting money would be punished.

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What To Do If You Possess A Counterfeit Bill?

What To Do If You Possess A Counterfeit Bill?

Despite there being enhanced methods of printing in place plus the implementation of special ink and paper, there are still counterfeiters out there. Banking officials and Secret Service employees are always on the lookout for counterfeit currency.

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The Expenses of Counterfeit Money

The Expenses of Counterfeit Money

Have you ever thought about how much counterfeiting really costs? No, it’s not a pun. Counterfeiting costs a lot – and not just in terms of money spent. Counterfeiting costs jobs, tax revenue and even lives in some cases.

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How to Identify Counterfeit Bills

How to Identify Counterfeit Bills

Counterfeit money varies from genuine currency in a variety of ways, and if you familiarize yourself with the differences, you will better your chances at spotting counterfeit bills if you should ever come across one.

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How Tech Changes the Offline Retail Industry

How Tech Changes the Offline Retail Industry

Retail has become one of the largest American industries. According to Select USA, the retail sector employs more than 27 million people across the country. The industry was expected to grow by $5 trillion by 2017, making it one of...

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