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No Ordinary Counterfeit [North Korean $100 Bills]
The New York Times ^ | July 23, 2006 | By STEPHEN MIHM

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 country’s 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 ...


TOPICS: Extended News
KEYWORDS: actofwar; axisofevil; counterfeit; counterfeiting; geopolitics; hijackingbygoldbugs; koreanwar; northkorea; orgainisedcrime; smuggling; threadhijack
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To: dawn53

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.


41 posted on 07/23/2006 9:06:20 AM PDT by Valpal1 (Big Media is like Barney Fife with a gun.)
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To: stephenjohnbanker; Irish_Thatcherite
In a related story...

I had absolutely nothing to do with this. ;)
42 posted on 07/23/2006 9:06:49 AM PDT by Das Outsider (The Kim Perspective, 7/28: Beavis and Butthead, Kofi Annan, and amazing animal tricks)
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To: pageonetoo

see post 39


43 posted on 07/23/2006 9:09:14 AM PDT by M-cubed (Why is "Greshams Law" a law?)
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To: aculeus
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.

Leave to the NYT to compliment NK on defacing our money and undermining our economy.

44 posted on 07/23/2006 9:09:20 AM PDT by Centurion2000 (You can't qualify war in harsher terms than I will. War is cruelty, and you cannot refine it-Sherman)
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To: mkjessup

*sigh* It's too hot to google...


45 posted on 07/23/2006 9:09:48 AM PDT by null and void (<----admits nothing, denies everything and makes counter accusations.)
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To: aculeus
Wonder if Pumkinhead is counterfeiting any other Countries Currency?

TT
46 posted on 07/23/2006 9:12:54 AM PDT by TexasTransplant (NEMO ME IMPUNE LACESSET)
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To: M-cubed

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)


47 posted on 07/23/2006 9:14:28 AM PDT by Cringing Negativism Network (Oppose Global Hot Air)
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To: aculeus; Das Outsider
No doubt an attempt to attack the US Dollar, but read this link -

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."

48 posted on 07/23/2006 9:17:20 AM PDT by Irish_Thatcherite (A vote for Bertie Ahern is a vote for Gerry Adams!|The IRA are actually terrorists, any questions?)
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To: M-cubed

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...


49 posted on 07/23/2006 9:17:24 AM PDT by null and void (<----admits nothing, denies everything and makes counter accusations.)
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To: TexasTransplant

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)


50 posted on 07/23/2006 9:18:00 AM PDT by Cringing Negativism Network (Oppose Global Hot Air)
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To: Das Outsider; Darksheare
I had absolutely nothing to do with this. ;)

If the counterfeit notes contain typos... blame Darks!! ;)

51 posted on 07/23/2006 9:18:41 AM PDT by Irish_Thatcherite (A vote for Bertie Ahern is a vote for Gerry Adams!|The IRA are actually terrorists, any questions?)
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To: aculeus
Here is the plan. Estimate how much they are printing. Reduce our printing by that amount and accept theirs as legal.

That way, no additional bills get into the system beyond what we would have printed, and Korea, China, and Iran pay for the paper, ink, and presses to print our currency instead of us doing it. Good deal!

52 posted on 07/23/2006 9:21:50 AM PDT by Arkinsaw
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To: Cringing Negativism Network

Hey!..dont kill the messenger!...lol


53 posted on 07/23/2006 9:22:38 AM PDT by M-cubed (Why is "Greshams Law" a law?)
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To: Valpal1
we kept a real hundred for comparison.

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.

54 posted on 07/23/2006 9:23:00 AM PDT by Dosa26 (p-q4)
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To: Irish_Thatcherite; Darksheare
If the counterfeit notes contain typos... blame Darks!! ;)

The feds should have known right off. The signature of the Secretary of Treasury on the $100 bills read "You Mama," and the center portrait was of George Carlin, not Ben Franklin.
55 posted on 07/23/2006 9:24:10 AM PDT by Das Outsider (The Kim Perspective, 7/28: Beavis and Butthead, Kofi Annan, and amazing animal tricks)
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To: Cringing Negativism Network
>"OK. So why aren't we - with our far superior technology, dropping planeloads of counterfeit NK currency across the peninsula? "

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!

56 posted on 07/23/2006 9:25:37 AM PDT by rawcatslyentist (I'd rather be carrying a shotgun with Dick, than riding shotgun with a Kennedyl! *-0(:~{>)
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To: Arkinsaw
Here is the plan. Estimate how much they are printing. Reduce our printing by that amount and accept theirs as legal.

I wouldn't doubt that we do that already.

57 posted on 07/23/2006 9:25:44 AM PDT by Dosa26 (p-q4)
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To: Das Outsider

LOL!!


58 posted on 07/23/2006 9:26:53 AM PDT by Irish_Thatcherite (A vote for Bertie Ahern is a vote for Gerry Adams!|The IRA are actually terrorists, any questions?)
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To: null and void
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...<<

Ive seem that done...and believe me...the results weren't amusing!!!...The Tribunal Chief threw the book at the guy!
59 posted on 07/23/2006 9:28:51 AM PDT by M-cubed (Why is "Greshams Law" a law?)
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To: M-cubed

Hey!..dont kill the messenger!...lol

-

Not at all, sorry if it came across that way.

Thanks for the factoid.


60 posted on 07/23/2006 9:29:11 AM PDT by Cringing Negativism Network (Oppose Global Hot Air)
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