Free Republic 1st Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $53,721
Woo hoo!! And we're now over 61%!! Thank you all very much!!

Keyword: counterfeiting

Brevity: Headers | « Text »
  • North Korea earns US$20 million a year with fake bills: U.S. expert

    05/12/2005 7:28:26 PM PDT · by HAL9000 · 3 replies · 557+ views
    SEOUL, May 13 (Yonhap) -- Using state-of-the-art technology, North Korea earns US$20 million each year by trading high-quality counterfeit dollar bills dubbed "supernotes," an American expert said on Friday. Raphael Perl, an analyst at the U.S. Congressional Research Service, said that counterfeit currency and the arms trade represent the two biggest sources of income for the cash-strapped communist regime. "The estimates that we have are between $15 and $20 million dollars, and we assume the trade is growing as North Korea's need for hard currency is growing," he said in an interview with Radio Free Asia. He argued that...
  • 2 Brits nabbed with $3 trillion in fake US fed notes

    04/22/2005 8:42:12 PM PDT · by Dr Stormfist · 60 replies · 2,506+ views
    abs-cbnnews ^ | April 22, 2005
    2 Brits nabbed with $3 trillion in fake US fed notes The National Bureau of Investigation (NBI) on Thursday said it has arrested two British nationals with $3 trillion fake US federal bank notes in their possession, DZMM reported. NBI Director Reynaldo Wycoco identified the suspects as Paul Edward John Flavell and Sam Beany. The two listed their address as Unit 305 CEO Apartments in Jupiter Street, Makati City. The suspects were not physically present during the press conference called by Wycoco at the NBI office in Taft Avenue, Manila. Only the suspects' photographs were shown to reporters. Wycoco said...
  • Sixth-grader accused of counterfeiting

    04/10/2005 11:22:13 PM PDT · by w6ai5q37b · 10 replies · 618+ views
    AP ^ | April 9, 2005 | Unknown
    WEST SEATTLE, Washington (AP) -- A sixth-grader and two of his friends were suspended after being accused of using phony dollar bills made on a home computer to buy food in the school cafeteria. On Monday, a cafeteria worker at James Madison Middle School found a dollar bill that didn't look or feel like the real thing. Seattle School District spokeswoman Patti Spencer said people in the lunch room were told to watch for more counterfeit bills.
  • Bar-coded licenses promoted in New Jersey

    12/30/2004 6:07:28 PM PST · by Coleus · 27 replies · 1,458+ views
    Bar-coded licenses promoted in New Jersey Published in the Home News Tribune 12/30/04 WASHINGTON -- Walk into one of New Jersey's 45 motor-vehicle offices to get a drivers license and you're instantly under surveillance by closed-circuit TV and an undercover officer. Even before you get in line, a state worker checks your passport, birth certificate or other required documents. When you get your license, you'll notice a bar code on the back that police officers can read with electronic scanners to verify your identity -- one of 22 security features built into the card. And forget about renewing your license...

    08/16/2002 7:39:49 AM PDT · by Merchant Seaman · 735 replies · 30,137+ views
    Annoyed Reader
    The purpose of's multiple message boards is to limit the topics for each board to particular topics. Posting the same message on all the boards defeats the purpose of multiple-boards for special topics. It is very annoying to see the same message on every bulletin board. PLEASE! DO THE READERS A FAVOR. STOP CROSS-POSTING YOUR MESSAGES!
  • Big Oil seen 'printing money'

    07/24/2004 4:17:32 PM PDT · by Tax Government · 6 replies · 449+ views
    CBS Marketwatch ^ | July 24, 2004 | Lisa Sanders
    See this link for an article about the high price of oil. On the Marketwatch front page, its leader title was: "Big Oil seen 'printing money'.
  • Golden Caldron Evokes Mystery of Hidden Nazi Gold

    08/10/2002 12:07:00 PM PDT · by Tancred · 9 replies · 2,561+ views
    Reuters ^ | August 9, 2002 | David Crossland
    Golden Caldron Evokes Mystery of Hidden Nazi Gold Fri Aug 9,11:08 AM ET By David Crossland BERLIN (Reuters) - A mysterious golden caldron found in a Bavarian lake has rekindled a decades-old fascination with Nazi gold believed hidden in the Alps. The Bavarian government said this week it was claiming ownership of the 23-pound, solid gold vessel found by an amateur diver last year at the bottom of Lake Chiemsee, a tourist destination 40 miles southeast of Munich. Archeologists have said the caldron, adorned with a relief of mythical Celtic and Indo-Germanic figures, may have been made by the Nazis,...
  • Software firms, major banks teamed to fight

    03/11/2004 2:37:01 AM PST · by endthematrix · 2 replies · 134+ views
    Sun Times ^ | March 10 | ALEXANDER G. HIGGINS
    GENEVA -- The world's major central banks confirmed Tuesday that they collaborated with leading hardware and software companies to keep personal computers from being used to make counterfeit money. Work begun nearly four years ago by the so-called Group of Ten central banks resulted in the ''counterfeit deterrence system,'' according to the statement from the Bank for International Settlements in Basel, Switzerland. ''Several leading personal computer hardware and software manufacturers have voluntarily adopted the system in recognition of the harm that counterfeit currency can cause their customers and the general public,'' said BIS, known as ''the central bankers' central bank.''...
  • Al-Qaeda turns to crime due to cash crunch

    09/22/2003 9:52:54 AM PDT · by knighthawk · 13 replies · 153+ views
    Yahoo News ^ | September 22 2003 | Jon Boyle/Reuters
    PARIS (Reuters) - Al Qaeda and its associates are increasingly turning to counterfeiting and credit card fraud for funds as the war on terrorism squeezes their traditional sources of finance, officials and experts say. The very success of the global crackdown has made tracking extremists even more difficult, as al Qaeda operatives shun a global financial system more tightly regulated after the September 11, 2001, attacks on U.S. landmarks, they warn. The U.S. Treasury says nearly $200 million has been frozen in the global war on terrorism, but the bilking of Islamic charities and widespread use of informal networks to...
  • Colombia Seize $41M in Fake Money

    12/31/2001 12:28:22 AM PST · by mdittmar · 10 replies · 568+ views
    AP ^ | Sunday December 30 7:51 PM ET | AP
    BOGOTA, Colombia (AP) - U.S. and Colombian authorities on Sunday found $41 million in bogus U.S. dollars inside a house in Bogota - the largest seizure of counterfeit dollars in Colombia, police said. The commander of the Colombian national police, Gen. Ernesto Gilibert, described the discovery to reporters as an ``overwhelming blow'' to the counterfeiting industry. Colombia is the world's top producer of phony dollars, responsible for nearly half of the false notes in circulation, authorities said. U.S. Secret Service agents and Colombian police discovered the fake money packed in boxes in a middle-class neighborhood in the capital, Bogota, said ...
  • Is there a link between new $20 and money found in Iraq?

    06/05/2003 7:16:46 AM PDT · by jriemer · 17 replies · 234+ views
    Freeper Wire Service | 6/5/03 | Self
    I am curious if the changes to the $20 bill were accelerated by the vast amounts of American currency found in Iraq. In World War II, Hitler's Germany was counterfeiting the British pound sterling on an industrial scale and shortly before the end of the war, they were close to perfecting the $100 bill for German mass production. After the war, Britian completely changed their entire currency so that it could be ensured as "valid". Here's the series of events as found on FR: 1. U.S. Probes Fortune in Cash Found in Iraq April 22nd. 2. U.S. forces trying to...
  • Italy Probes Possible al-Qaida Link

    07/29/2002 4:26:29 PM PDT · by knighthawk · 6 replies · 485+ views
    Europe Daily ^ | July 29 2002 | AP
    ROME (AP) — Italian police are trying to learn if a document-forging operation in Turin served as a logistical base for al-Qaida, authorities said Monday. The document center, an apartment in a Turin neighborhood populated by many illegal immigrants, was raided in December, said Luciano Nigro, a Turin police precinct chief, and investigation into its operations have been going on since. On Monday, La Stampa, a Turin daily, reported that police believe the place furnished documents for recruits for al-Qaida, Osama bin Laden's terrorist network. ``I don't have proof,'' Nigro told The Associated Press, but ``we are investigating.'' Nigro said...
  • Plan for N. Korea Will Mix Diplomacy and Pressure

    05/07/2003 3:55:23 AM PDT · by TigerLikesRooster · 2 replies · 279+ views
    Washington Post ^ | 05/07/03 | Glenn Kessler
    Plan for N. Korea Will Mix Diplomacy and Pressure By Glenn Kessler Washington Post Staff Writer Wednesday, May 7, 2003; Page A01 The Bush administration plans to adjust its policy toward North Korea by adopting a two-track approach that would combine new talks with pressure on the communist state by targeting its illegal drug and counterfeiting trade and possibly its missile sales, U.S. and Asian officials said yesterday. The emerging consensus, which will be refined today at a meeting of President Bush's top foreign policy advisers, would bridge a gap that has emerged within the administration since North Korea declared...

    03/31/2003 9:00:58 AM PST · by littleblitzkrieg · 159+ views
    The Washington Times, The Taipei Times ^ | 3/31/03 | littleblitzkrieg
    It was sickening to learn that one of the World Trade Center hijackers had booked his deadly flight as an airline frequent flyer, turning a benevolent perk of our free, mobile society to such malevolent use. But we could be in for more appalling news of the ways in which terrorists turn the fruits of our economic powerhouses against us: It's highly likely that some of the funds used to finance terrorist networks are being derived from the sale of products ripping off iconic American companies, such as Microsoft or Nike. President Bush took the first important steps last week...
  • Secret Service tracks mystery of fake fortune - Printed on Iraqi bank notes

    03/01/2003 12:58:34 AM PST · by Cincinatus' Wife · 19 replies · 445+ views
    Orlando Sentinel ^ | March 1, 2003 | Henry Pierson Curtis
    The money reached Orlando about 2:30 a.m. Jan. 26. Held in a black duffel bag, the $952,900 weighed just less than 21 pounds. Armed agents watched as the fortune changed hands outside a 7-Eleven on South Orange Blossom Trail. Screams of "Policia! Policia! Manos arriba! Ponte en el piso!" ended the transaction. A startled Colombian national and an accomplice followed the orders in Spanish, raising their hands, then dropping to the ground. The bogus $100 bills equaled 10 percent of all the counterfeit currency seized last year in the United States. What's more, many were printed on Iraqi bank notes....
  • New Design Coming for U.S. Paper Currency

    12/01/2002 10:15:03 AM PST · by Dog Gone · 36 replies · 371+ views
    Associated Press ^ | Sunday, December 01, 2002
    WASHINGTON (AP) -- The last time Andrew Jackson got a makeover, he ended up with a big head, slightly off-center. This time, he will get a little color. The most noticeable features of the last redesign of U.S. currency -- the oversized, off-center portraits -- produced all kinds of derisive nicknames: funny money, Monopoly money, cartoon money. Color is coming, and government money makers are hoping for a warmer reception for the changes. The new $20, with its public unveiling set for the spring, is supposed to be in circulation as early as next fall. Jackson is first in line...
  • Halt On Faulty New 5 Note (Serial numbers can be rubbed off!)

    05/28/2002 11:11:57 AM PDT · by mhking · 4 replies · 258+ views
    Sky News ^ | 5.28.02
    Halt On Faulty New £5 NoteThe Bank of England has asked banks to stop issuing its new £5 notes after discovering serial numbers on the currency can be rubbed off. The Bank said it had received around "half a dozen" calls from members of the public at the end of last week relating to serial numbers on the notes coming off. Tests have since showed that on some notes it is possible to remove both of the serial numbers if the note is rubbed hard. Precaution The Bank said: "As a precautionary measure, we have this afternoon (Monday) asked...