How to Identify Counterfeit Money
Posted On: March 11, 2024 by Prevail Bank in: Banking, Fraud
Is it real or fake? How to identify counterfeit money.
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According to the United States Department of Treasury, an estimated $70 million in counterfeit bills are in circulation. And it’s becoming more difficult to distinguish between real and fake every day. Everyone, not just the banks, should know how to identify fake money or counterfeit, because if you knowingly try to pay for goods or services with counterfeit bills, both the Federal government and local State governments...
