Posted on 07/23/2006 8:19:04 AM PDT by aculeus
On Oct. 2, 2004, the container ship Ever Unique, sailing under a Panamanian flag from Yantai, China, berthed in the Port of Newark. [snip] ... F.B.I. and Secret Service agents, acting as part of a sting operation, gathered around the container and cracked it open ... they found counterfeit $100 bills worth more than $300,000, secreted in false-bottomed compartments.
The counterfeits were nearly flawless. They featured the same high-tech color-shifting ink as genuine American bills and were printed on paper with the same precise composition of fibers. The engraved images were, if anything, finer than those produced by the United States Bureau of Engraving and Printing.
Counterfeits of this superior sort known as supernotes had been detected by law-enforcement officials before, elsewhere in the world, but the Newark shipment marked their first known appearance in the United States, at least in such large quantities.
[snip]
The arrests also prompted a more momentous accusation. After the indictments were released, U.S. government and law-enforcement officials began to say in public something that they had long said in private: the counterfeits were being manufactured not by small-time crooks or even sophisticated criminal cartels but by the government of North Korea. The North Koreans have denied that they are engaged in the distribution and manufacture of counterfeits, but the evidence is overwhelming that they are,
[snip]
The counterfeiting of American currency by North Korea might seem, to some [like the New York Times? -ed], to be a minor provocation by that countrys standards.
[snip]
But several current and former Bush administration officials whom I spoke with several months ago maintain that the counterfeiting is in important ways a comparable outrage. ... counterfeits, by creating mistrust in the American currency, posed a threat to the American people.
(Excerpt) Read more at nytimes.com ...
For people who handle a lot of cash money (like tellers) yes they usually spot them. The special marking pens do NOT spot them which is what so many small businesses use.
They have since made arrests in LA involving illegals and smugglers, but when the bills were circulating, we kept a real hundred for comparison.
The two things I remember most is that the fakes were to slick even for a crisp new bill as they had a coating to prevent the pens from detecting them and one serial number was backwards, making it readable from the backside of the bill instead of the from the bill face.
Most people could not detect the slickness unless they had a better than average sense of touch. I work with fibers professionally so I spotted that right off. The serial number was definitely the best and most obvious tip off.
see post 39
Leave to the NYT to compliment NK on defacing our money and undermining our economy.
*sigh* It's too hot to google...
Holy cow - who knew?
You mean we've been living under martial law all these years, and didn't even know it?
(google "american flag gold admiralty" for a moonbat break)
China and the Final War for Resources
"The Government of China is holding U.S. currency and Treasury notes in a $1.9 trillion Treasury bond trap."
It's always amusing to note the Flag in the corner and ask the judge if this is a Military Tribunal, or a civilian Court...
Ok ... here's a thought:
What say our guys (and gals - not trying to be an oaf here) create a couple thousand equally high quality counterfeit renminbi.
That's the "peoples currency" - or Yuan.
Then we distribute them say - in Venezuela or Iran, in such a way it looks like Kim is circulating them.
(nyuk nyuk nyuk)
If the counterfeit notes contain typos... blame Darks!! ;)
Hey!..dont kill the messenger!...lol
How sure are you of that? Since about 8 years ago almost every paper bill in my area went counterfiet. It still passes, but it's all made on a copier.
So you want to give humanitarian aid to NK by airdropping food supplys? Currency has got to taste better than grass. And it contains essential ink nutrients!
I wouldn't doubt that we do that already.
LOL!!
Hey!..dont kill the messenger!...lol
-
Not at all, sorry if it came across that way.
Thanks for the factoid.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.