They don’t sound very sophisticated. Do they have the plastic strip with ‘100’ imbedded?
Coming in from Mexico?
Some of the best forgeries come form N.Korea and Iran as Billy Carter’s brother Jimmy sold them us presses.
phony $100 bills
Is there any other kind?
And the diff between this gang and the treasury dorks is?
Why doesnt the left see this as just another form of discrimination? They want to allow illegals into the country and declare them citizens, why not allow illegal money as well and declare it legal tender? Who are we to say that money made in another country isnt as good as our own? Celebrate diversity and multicurrancyism!
The tremendous irony is that economics have overwhelmed the very idea of counterfeiting.
To start with, all US paper money is printed in just two high security Bureau of Engraving and Printing offices, one in Washington, D.C., and the other in Fort Worth, TX.
Working around the clock, printing mostly $1 bills, and proportionately fewer $5,$10,$20,$50 and $100 bills, they can barely produce enough paper currency to back just less than 5% of daily US retail. (And most $100 bills are sent to other countries who must have physical US paper money.)
So if someone else is willing to print higher quality counterfeit paper money for us, it really isn’t a problem, because we *need* more paper money in circulation.
Some years ago, Iran tried counterfeiting US dollars, and did us a huge favor in the process.
First of all, the Middle East was desperately short of US paper money. It helped to ease that shortage, and in doing so, it made local currencies less desirable. Everybody wanted dollars, and followed Gresham’s law (economics) by spending their local money and saving dollars.
It was also very expensive for the US to ship planeloads of dollars to the Middle East. And the real zinger was that all told, the Iranians probably made about $300 million by doing so, when over the same time period they made $6 billion on just oil sales.
Some wits suggested that the USBEP should just rename the Iranian counterfeiters as the “Iranian USBEP office.”
They are just doing the same thing the Federal reserve has been doing for the last five years.
Does it really matter? Its all just paper, US treasury or counterfeit, and built on a Ponzi scheme from the get go. Is it better to have a piece of paper that says “$100” on it, or 4 or 5 boxes of .45 acp?
Since that’s the price of a cup of coffee in NYC Starbucks better watch out.
Whats the point aren’t they pretty much worth the same?
I am deeply offended that these 100 dollar bills are being referred to as “illegal”. The proper thing to do is call them “undocumented currency”. Personally I think that any hundred dollar bill that has been in NYC for more than a week has earned the right to be legal American tender.
(At the end of the day this is all about the Federal Reserve resenting the competition!)
No big surprise. It is super bowl week.... lots of folks wandering around doing nefarious things
This is what happens when you change the money all the time. While the new bill might be harder to replicate nobody knows what the money is supposed to look like anymore so they’ll take any damn thing you give them.
Folks rest easy. These are simply $100 dollar bills coming in to do the work that U. S. $100 dollar bills have chosen not to do.
These $100 bills can be used to pay for the education, E.R. visits, the housing subsidies, the low income subsidies, and the many more things foreign nationals need in the U. S., so we should be thankful for that.
These $100 bills help the economy.
These $100 bills are one of God’s blessings too.
These $100 bills are good $100 bills, and they should never be referred to with demeaning words like, illegal, counterfeit, or destructive.
And besides, it’s not these $100 bills fault that the nation they came from valued them so little, that they could only find worth by sneaking into the United States and working here.
My fav lines from the article:
“Officials say that if you have a phony $100 that is confiscated, you will lose the value of the money but ... We are asking the public to let us know if they encounter these bills, Seremetis said.”
Wonder how many people are eager to do that? Might get more satisfaction in lighting cigars with the funny money. The gov should at least offer a percentage reward for cooperation from LEGITIMATE MERCHANTS: that would shut down these rings a lot quicker. Seems like if these fools otherwise offer rewards for every other crime but counterfeiting they might alter their policy a bit for that crime too.
HAH! That’s been going on for years in our government!