What Currencies Are Counterfeited Most?
Counterfeit money is costing the world economy millions so we thought we would investigate to see where the worst offenders are in the world, and which currencies increase your chance of coming into contact with counterfeit money.
It is staggering to think that 1.35 Million was seized in 2012 - 2015 in South Africa and that one in thirty British pounds are fake! It shows you just why the need for counterfeit protection is increasing as these criminal minds create even more complex methods to flood the economy.
Sources (Referenced Information)
- www.bbc.co.uk/news/business-10774366
- http://www.havocscope.com/fake-sterling-banknotes/
- www.bankofengland.co.uk/banknotes/Pages/about/counterfeits.aspx
- http://blogs.wsj.com/emergingeurope/2013/01/24/russia-wages-war-on-counterfeit-rubles/
- https://www.heathrowexpress.com/news/2015/03/20/vital-statistics-the-euro
- www.news24.com/Archives/City-Press/Counterfeit-money-seized-three-held-20150430
- www.tabloidmedia.co.za/millions-in-counterfeit-money-seized/
- www.lelamobile.com/content/1162/Karas-police-warn-residents-of-counterfeit-notes/
- www.iol.co.za/news/crime-courts/fake-cash-worth-r6-6m-found-in-sunnyside-1.1828060#.VcZBljBViko
- www.sabreakingnews.co.za/2014/08/15/the-hawks-shuts-down-counterfeit-money-making-lab/
- www.dailymail.co.uk/news/article-2918703/How-fake-1-coins-purse-Bank-England-chiefs-admit-currently-50-million-fakes-circulation-s-one-thirty-fool-vending-machines.html
- www.businessinsider.com/the-real-price-of-counterfeit-money-infographic-2012-4#ixzz3iEDqmSxN