Which world currency is the easiest to counterfeit?
According to illicittrade.com, in 2015, one in 10,000 US dollars is forged.
The $20 bill is the most commonly counterfeited banknote in the U.S., while overseas counterfeiters are more likely to make fake $100 bills.
What is the hardest bill to counterfeit?
Mighty GreenbackAmerican currency is among the most popular in the world. Despite some recent setbacks, the mighty Greenback is still seen as the most secure store of value and is circulated more outside of the U.S. than inside its borders.
What percentage of money is counterfeit?
Due to this fact, counterfeit money posed a major threat to the economy and financial system in America. In accordance, the Secret Service, founded in 1865, stated its primary task to be reducing counterfeit money in circulation. The current figure of American counterfeit bills is less than .01%.
What happens if you get caught with counterfeit money?
The crime includes generating fake money in a bid to commit fraud and altering legitimate money. Anyone caught passing fake money, even if they are not responsible for making it, will be charged for going against the laws of counterfeiting. Counterfeiters are given up to 20 years in prison or up to $250,000 fine.