Friday, August 7, 2009

Hard Times Call For Counterfeit Money

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Everyone dreams of being able to just print their own money. After all, that's what the government does when it runs out, right? Sometimes even to the tune of $700 billion dollars to bail out businesses that make poor choices and screw the US economy. Unfortunately for the common citizen, counterfeiting money is not only illegal, its is a federal offense that sends you directly to the Federal Pennitentiary. That doesn't stop people from doing it though especially in the worst economic times since the Great Depression.

Recently, a rise in printing and circulation of counterfeit money has cost business owners countless thousands of dollars and put both teenagers and adults behind bars. The most effective technique used to make counterfeit money that can pass the iodine pen test and sometimes even bank run tests is to use real US note paper, and that's just what today's counterfeiting rings are doing. They are taking a $5 bill which already has the presidential watermarks on them, bleaching the ink off of the bill and then reprinting a higher currency on real note paper! That's just awesome in my opinion!!! Wrong but awesome!

Officials say that right now counterfeit money is up to about 3 tenths of 1 percent of all currency in circulation. North Carolina has recently been hit hardest with business owners reporting the acceptance of around $60,000 of counterfeit money in the past year. That's a full time professional salary right there. Whoever is at the top of the ladder in the counterfeiting ring is getting filthy rich. The same style of counterfeit money has also shown up in Southwest Florida, Pennsylvania, and Indiana.

What I would like to know is if it is really a counterfeiting ring behind it all or just a lot of normal people in need of quick cash who found a good recipe on the Internet for counterfeiting money. After all, just by reporting this article, I just learned how to do it and so did you......................

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