Counterfeit Money

I                  Last summer at a harmony store I was buying a guitar. The store was provide with a contrive detection pen and s spatener which some other stores utilise. As I was purchasing the guitar with cash, the employee took every buck and passed it through the scanner. He was almost done until one of my $ one C bills failed the hammer test. It set off an alarm and before I knew it, everyone was staring at me. I was extremely surprised and unarticulate because I know I did non disembodied spiritionally generate the store a counterfeit bill, but I had to stay for the authorities to realise at that place. As I was being interrogated by the cops and the employees, the only credible reason, which was true, that I had was that the ATM machine where I got all my $100 bills gave me the humbug. So I had to ride in the police car to the coin bank where I got my money and we looked at the ATM records for that morning and the surveillance tape. Fortunately, the records show that I got them from the bank before I went to the store. However, unfortunately I did not purport my $100 back, but that wouldnt matter comp ard to the $1200 fine I would hand over had to paid if I could not have proved my innocence.

II. This explanation shows that even in lesser situations, the counterfeiting of money has very vulgar consequences.

A As expressed in the fall in States enactment: 1. Whoever, with intent to defraud, forges, counterfeits, or alters any security of the United States, shall be fined or imprisoned not more than fifteen years, or both (Federal Statutes).

2. Also, whoever, with intent or attempts to pass, publish, or sell, or intent to bring into the United States or keep in obstinacy any forged, counterfeited, or altered security of the United States, shall be fined or imprisoned not more than fifteen years, or both (Federal Statutes).

3. Likewise, the modification or forgery any gentle of coin over 5 cents in value are exposed to the same penalties as report card currency counterfeiting.

B. These gracious codes show that the United States government is committed to zero allowance account and is determined to examine every individual counterfeiting case. Each counterfeiting case, no matter how large or small, carries the critical punishment of immurement and fines.

III. However, millions of counterfeit clams are dispersed in the United States perfunctory and is one of the oldest crimes in history because it has been so easy to become away with in the distant and recent past.

A. During the mid 1800s, there were approximately 1600 banks in the United States and each one printed their testify currency. Consequently, over one-third of money in circulation was counterfeit (US Sec. Serv).

B A national currency was finally incorporated, but did not curve the counterfeit dilemma. In 1865, the Secret Service was assembled to use up and examine counterfeit actions.

IV. But just as the measure technology began to revolutionize, so has the counterfeit                   technology. The development of counterfeiting money has changed from uninitiate describe such(prenominal) as professional penmanship and printing press to color Xerox, computer imaging, and inkjet printers (US Sec. Serv.). Advanced technology in the office machine copiers has made it conceivable for even untrained operators to generate superior-resolution color replicas. Because the competence needed for counterfeiting in the past are not essential to be undefeated today, computer related counterfeiting has increased from nearly nothing to 40% in the last decade (Jascon).

V.



But, there are federal official agencies and personal observances that are created to hinder criminals that intend to print and use counterfeit money.

A. As stated before, when the Secret Service was constituted they were not assigned to protect the president and other heads of state, which began in 1901. Their purpose was and still is to defend the economy by being the first line of obstruction by seizing counterfeit money.

B. Also established to hinder criminals was the Bureau of Engraving and mental picture This department uses complex procedures and techniques to avert successful counterfeiting. Since the modification of paper currency a few years ago, most United States currency has been revised to include more security features such as¦ 1. Real money has a very specific, life-like picture of the person on the front 2. is made of a high grade paper made of cotton and linen for the knotted feel, also including a watermark assembled into it 3. has clear, complex b blesss and ink that can be rubbed off 4. uses numerous microprinting techniques.

C. Finally, if you do identify counterfeit money, you should get in touch with the authorities and carefully care the fake note for fingerprints. Over 130 million dollar bills were confiscated last year and most of the people that were caught were as a matter of fact normal, decent citizens who obtain the money front and in turn used it themselves (Jascon). However, just because you were a dupe of someone elses criminal intent does not mean you wont get prosecuted. Unless you have a credible account of the situation, which luckily I did, any attempt or effort to using fake money, conscience or unconscience of the fact it is fake, will get you at least a stiff fine or in extreme cases, prosecution.

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