Data For: counterfeit currency


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$103 million counterfeit dollars seized in FY08

The United States Secret Service seized $103 million in counterfeit dollars worldwide between October 2007 and August 2008.

Source:  “Crime in Peru: Printing money,” The Economist, May 7, 2009.

Seizures of counterfeit euros

In the second half of 2009, European Union agents removed 447,000 counterfeit euros from circulation, up from the 413,000 seized in the first half of the year.

The 860,000 counterfeit notes seized in 2009 is up from the 666,000 seized in 2008.

The most counterfeited bill was the 20 Euro note, which accounted for 47 percent of the counterfeits.

Source:  Associated Press, “Amount of Counterfeit Euros Up, ECB Says,” CNBC, January 11, 2010.

One in Forty pound coins in UK is counterfeit

One out of every forty pound coins in the United Kingdom is counterfeit, according to government officials.  The total value of the counterfeit coins equals to 37 Million Pounds ($60 Million).

Between 2007 and 2009, the number of counterfeit coins destroyed by the Royal Mint increased more than 800 percent.

Source:  “The 1 in 40 chance that the pound in your pocket is a fake,” Daily Mail, November 8, 2009.

Counterfeit dollars seized in Colombia

In 2008, $4.3 Million in counterfeit bills were seized in Colombia.

As of October, $19 Million was seized in 2009.

Source:  Associated Press, “Colombia seizes $19M in forged US bills in 2009,” Google News, November 10, 2009.

Counterfeit Notes smuggled in to India

The Government of India stated that 130 million high quality counterfeit notes were smuggled in to the country each year.

Source:  AFP, “India sees Pakistani hand in fake note flood,” Google News, November 1, 2009.

Millions in fake dollars printed in Colombia

According to the Los Angeles Times, in 2009 counterfeiters were printing millions of fake US currency in Colombia.

Source: Josh Meyer, “U.S. officials troubled by fake currency flowing from Peru,” Los Angeles Times, September 13, 2009.

Peru seen as major manufacturer of fake US dollars

In FY09, authorities in the United States seized $7.8 Million in counterfeit dollars that was believed to have been manufactured in Peru.

In addition, more than $18.2 Million in fake dollars was also seized in raids conducted in Peru.

Source:  Josh Meyer, “U.S. officials troubled by fake currency flowing from Peru,” Los Angeles Times, September 13, 2009.

At least 1 in every 10,000 U.S. banknotes is fake

Based on figures from the Secret Service, at least 1 in every 10,000 US banknotes in circulation is a counterfeit bill.

Source:  David Samuels, “Counterfeiting: Notes on a scandal,” Independent, August 24, 2009.

North Korean counterfeit bills end up in China

In some regions of China, between 2 to 4 percent of US $100 bills in circulation are fake.  These counterfeit dollars are produced in North Korea and enter China through black market currency brokers.

Source:  David Samuels, “Counterfeiting: Notes on a scandal,” Independent, August 24, 2009.

Seizures of counterfeit currency in Finland

708 pieces of counterfeit currency were found in Finland in 2008.  This is higher than the 527 and 571 found in 2007 and 2008, but significantly lower than the 1,343 found in 2004.

Source:  Bank of Finland, “Counterfeits,” accessed: August 7, 2009.

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