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Counterfeit U.S. Cash Floods Crime Forums

krebsonsecurity.com

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Re: Counterfeit U.S. Cash Floods Crime Forums

#51
post #44

Earlier quoted context omitted.

One dollars do not as of yet

No one has found a way to make convincing one dollar bills for less than a dollar. Heck washing dollar bills is a way to get base paper for higher denominations. (one of the incentives for moving away from consistently colored currency)

..or to moving towards $1 coins.

Re: Counterfeit U.S. Cash Floods Crime Forums

#52
post #2

>'MrMouse says his single-ply bills do not have magnetic ink, and so they won’t pass machines designed to look for the presence of this feature.' Clever tip for detecting counterfeits, found in comments: >'A good strong, neodynmium cylindrical magnet stuck to the side of something is a great way to check US currency. Just hold a bill by the corner and dangle it close to the magnet. The bill will show a slight, but ve…

nevertheless, I can hit my local CVS and pay with my $100. They will just check the security strip. Easy peasy.

This is a key point. Detection by human is fairly limited as they only use their own, easily fooled, eyes and a detection pen, which can be fooled if starch-free paper was used by the counterfeiter [1]

[1] https://en.wikipedia.org/wiki/Counterfeit_banknote_detection...

Re: Counterfeit U.S. Cash Floods Crime Forums

#53
post #2

>'MrMouse says his single-ply bills do not have magnetic ink, and so they won’t pass machines designed to look for the presence of this feature.' Clever tip for detecting counterfeits, found in comments: >'A good strong, neodynmium cylindrical magnet stuck to the side of something is a great way to check US currency. Just hold a bill by the corner and dangle it close to the magnet. The bill will show a slight, but ve…

And all you need to do is keep a potentially deadly piece of consistently underestimated hardware in heavily-trafficked areas!

Re: Counterfeit U.S. Cash Floods Crime Forums

#54
Related..I thought maybe you could claim it as prop money for the movies but no dice.

"As it turns out, the Feds have strict laws about the production of fake currency. According to the Counterfeit Detection Act of 1992, a reproduced bill must be: a.) either less than 75% or more than 150% the size of a real bill, b.) one-sided, and c.) made with only one color (so as to discourage the reproduction of identifying factors). "

http://priceonomics.com/the-business-of-fake-hollywood-money...

Re: Counterfeit U.S. Cash Floods Crime Forums

#55
post #22

A lot of this concern would be removed if the US switched to polymer notes. Visiting the US last year I was surprised to see people immediately suspicious of $50 notes that I gave them. I've never seen that happen in Australia, even with $100 note.

Yeah, it amazed me too. Not to mention the durability and quicker recognition by colour. And that $1 notes and the low coins still exist.

If the population is too immersed in tradition, win them over with the coolest notes ever. Something using dark blue and dark red with white/silver could look awesome. Rather than what we have in Australia, Canada and Europe where there are 5-6 completely different colours used, one for each note.

I wondered if it's something to do with patents? Australia's RBA has a subsidiary that prints notes for various countries. Maybe there's a competing technology that Canada is using?

Re: Counterfeit U.S. Cash Floods Crime Forums

#56
post #55
post #22

A lot of this concern would be removed if the US switched to polymer notes. Visiting the US last year I was surprised to see people immediately suspicious of $50 notes that I gave them. I've never seen that happen in Australia, even with $100 note.

Yeah, it amazed me too. Not to mention the durability and quicker recognition by colour. And that $1 notes and the low coins still exist. If the population is too immersed in tradition, win them over with the coolest notes ever. Something using dark blue and dark red with white/silver could look awesome. Rather than what we have in Australia, Canada and Europe where there are 5-6 completely different colours used, on…

> Europe where there are 5-6 completely different colours used, one for each note.

I quite like that and never really understood why US bills are only green. If I look for 50€ in my wallet, I’m going to skip over the blues and greens and essentially directly pick the right orang-y one.

I’ve also never seen anyone suspicious of 50€, people sometimes look funny if they see 100€, but even that happens rarely.

Re: Counterfeit U.S. Cash Floods Crime Forums

#57
post #55

Earlier quoted context omitted.

Yeah, it amazed me too. Not to mention the durability and quicker recognition by colour. And that $1 notes and the low coins still exist. If the population is too immersed in tradition, win them over with the coolest notes ever. Something using dark blue and dark red with white/silver could look awesome. Rather than what we have in Australia, Canada and Europe where there are 5-6 completely different colours used, on…

> Europe where there are 5-6 completely different colours used, one for each note. I quite like that and never really understood why US bills are only green. If I look for 50€ in my wallet, I’m going to skip over the blues and greens and essentially directly pick the right orang-y one. I’ve also never seen anyone suspicious of 50€, people sometimes look funny if they see 100€, but even that happens rarely.

I appreciate the differences too. And as with you, I've never seen anyone check a banknote suspiciously in AU or EU, but I have many times in the US.

Re: Counterfeit U.S. Cash Floods Crime Forums

#58
post #22

A lot of this concern would be removed if the US switched to polymer notes. Visiting the US last year I was surprised to see people immediately suspicious of $50 notes that I gave them. I've never seen that happen in Australia, even with $100 note.

Polymer notes have issues with shrinking and tearing: http://montreal.ctvnews.ca/new-canadian-polymer-100-bill-shr...

Re: Counterfeit U.S. Cash Floods Crime Forums

#59

The primary question: How the hell do you get this to your door? If I was to order it to a physical box, I face major felony charges as the government has a website to hack, and I am not confident in some random dude's ability to secure his website with every known security hole patched.

You don't. That's what minions are for :) Seriously, most people would order this for delivery outside the US (where it's even less likely to be detected if passed at a bank or bureau de change). If they want to use it in the US, order it for delivery elsewhere and tehn smuggle it in. Ordering for delivery by the USPS would be insanely stupid unless you had a very clearly document legitimate purpose. I'm a bit surpri…

"I ordered $100,000 in fake bills to assess their forge quality."

"As soon as I am done assessing the fake $75,000 I'll turn all $50,000 of it over to the cops. I wouldn't want to have $25,000 in fake bills lying around where someone might find them and wind up spending $10,000 in fake bills."

It would be a real problem if this $1,000 in fake money got out into the wild"

Re: Counterfeit U.S. Cash Floods Crime Forums

#60

The primary question: How the hell do you get this to your door? If I was to order it to a physical box, I face major felony charges as the government has a website to hack, and I am not confident in some random dude's ability to secure his website with every known security hole patched.

You don't. That's what minions are for :) Seriously, most people would order this for delivery outside the US (where it's even less likely to be detected if passed at a bank or bureau de change). If they want to use it in the US, order it for delivery elsewhere and tehn smuggle it in. Ordering for delivery by the USPS would be insanely stupid unless you had a very clearly document legitimate purpose. I'm a bit surpri…

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