Does Counterfeit Money Smell Different From Real Money
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Does Counterfeit Money Smell Different From Real Money?
Summary:
The Battle Against Counterfeit CurrencyThe digital age, with powerful scanning and printing technologies, has made counterfeiting money deceptively simple. Today, anyone can quickly produce fake currency. However, counterfeiting is not a new crime; it’s one of the oldest. In the 19th century, after the American Civil War, the U.S. Secret Service was created because a significant portion of circulating currency was fake.
A Growing Threat
In the 21st century, the Secret Service not only tackles domestic counterfeiters but also pursues them internationally. Counterfeiting continues to rise, posing a risk to both the national and global economy. Luckily, the Secret Service employs an innovative weapon against counterfeiters: dogs with an exceptional sense of smell.Canine Detectives
While humans might struggle to detect fake money by smell, dogs excel at it. A report from the U.S. Secret Service, Treasury Department, and Federal Reserve Board highlights Colombia as a major producer of fake U.S. currency, responsible for about 15% of counterfeit bills worldwide. Since 1998, over $150 million in fake bills have been seized in collaboration with Colombian authorities.Among those contributing to these efforts is Mike, the first dog trained to sniff out counterfeit currency. Similar to dogs trained to detect explosives, missing people, or even cancer, Mike and his canine colleagues have been successfully trained to identify fake U.S. notes. Supported by the Secret Service, Colombian authorities launched a canine program where dogs and handlers underwent a detailed 12-week training course. Using these canine detectives, the Secret Service actively combats counterfeiters in the U.S. and globally.
Staying Informed
If you don't have access to a canine detective, you can still learn about anti-counterfeiting measures. Visit the U.S. Bureau of Engraving and Printing website to explore new currency designs and anti-counterfeit features. For insights into financial crimes like terrorism financing and money laundering, check the Treasury Department's Financial Crimes Enforcement Network. Additionally, the U.S. Secret Service provides resources on identifying counterfeit money and protecting against forgery.By staying informed and vigilant, we can all play a part in combating the threat of counterfeit currency.
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