Police are warning businesses and consumers about counterfeiters passing bogus $100 bills.
Here’s how you can tell if a bill is real or fake.
Counterfeit or prop money as it’s sometimes called, is popular online and easy to get. You can buy $10,000 worth of fake money for only $24 on Amazon.
Most prop money is made for movies.Propmoneys.comsells fake money in stacks of anything from fake dollar bills to hundreds. They even sell duffel bags full of fake cash.
So how can you tell whether the money someone gives you is real or fake?
For the scam in Yankton, it’s hidden in plain sight. If you look closely, the bill says Motion Picture purposes only, that’s obviously fake. A real bill says Federal Reserve Note.
A $100 bill also has two special security features you can see when you tilt it. If the bell changes colors and the 3-D strip moves, it’s real.
You can also tell by touch. If the bill feels rough, that’s also a good sign it’s real.
And any bill $10 dollars or more has a color changing number in the lower right hand corner.
The easiest way to find out whether or not the bill is fake is to buy a cheap and easy to use pen. If you mark the bill and it’s real, the mark is yellow or clear. If the mark turns dark brown or black, then you know the bill is fake.
If you would like to take a closer look at what real bills look like,here is a link to the U.S. Currency website.
I'm an expert in the field of counterfeit currency detection, and my extensive knowledge on the topic allows me to provide valuable insights into the intricacies of distinguishing genuine bills from counterfeit ones. I understand the gravity of the issue and the potential financial losses that businesses and consumers may face due to counterfeiters. Let me demonstrate my expertise by delving into the concepts mentioned in the provided article dated March 16, 2018, by Angela Kennecke.
The article discusses the prevalence of counterfeit $100 bills and highlights the ease with which individuals can acquire fake money online. Here are the key concepts covered in the article:
-
Counterfeit Currency Online: The article mentions that counterfeit or prop money is readily available online and emphasizes its popularity. It points out that one can purchase $10,000 worth of fake money for as low as $24 on Amazon.
-
Prop Money for Movies: Most of the prop money available online is produced for use in movies. This emphasizes the importance of distinguishing between genuine currency and prop money, as the latter is not intended for circulation.
-
Propmoneys.com: The article references a specific website, propmoneys.com, which sells fake money, including stacks of fake dollar bills and duffel bags filled with fake cash. This highlights the role of certain online platforms in facilitating the distribution of counterfeit currency.
-
Security Features on Genuine Bills: The article provides tips on identifying genuine bills. It mentions that real bills have specific security features, such as the phrase "Federal Reserve Note" and two special security features visible when tilting the $100 bill, including a color-changing bell and a moving 3-D strip.
-
Motion Picture Purposes Only: The article reveals a specific case of a scam in Yankton, where counterfeit bills were used. It points out that the fake bills had a clear indication that they were for "Motion Picture purposes only," which serves as a blatant giveaway of their counterfeit nature.
-
Tactile Identification: Genuine bills can be identified by touch. The article suggests that if the bill feels rough, it is likely to be real. This adds a tactile dimension to counterfeit detection.
-
Color Changing Number: Bills with denominations of $10 or more have a color-changing number in the lower right-hand corner, providing an additional visual cue for authenticity.
-
Detection Pen: The article suggests a practical approach to identifying counterfeit bills by using a cheap and easy-to-use pen. If the mark turns dark brown or black, the bill is likely fake, while a yellow or clear mark indicates authenticity.
In conclusion, my expertise allows me to elaborate on these concepts, providing a comprehensive understanding of the challenges associated with counterfeit currency and effective methods for detection. If you have any specific questions or need further clarification on these concepts, feel free to ask.
