Thursday, September 18, 2014

Whistleblowers Against Fraud & How You Can Tackle Counterfeit

Whistleblowers Against Fraud & How You Can Tackle Counterfeit

By Bob Oliver


During my time in retail, I was told about the methods needed in order to verify bills as legitimate. One of the ways we did this was through the use of a special marker, the ink of which would turn black if a bill was counterfeit. It was a problem that we were told about, time and time again, and I believe that it's an issue for Whistleblowers Against Fraud to tell you about. Specifically, authorities like these may tell you about the ways in which counterfeit can be combated.

Counterfeit, by definition, is a term that entails the creation of a valuable item without any of the value seen otherwise. It's important to note that items like these are, more often than not, passed off as the real thing. Even though money is the most common subject of counterfeiting, there are other items which authorities the likes of WAF can tell you about. In addition, Whistleblowers Against Fraud can tell you about ways to ensure that you will be unlikelier to fool when it comes to counterfeit bills and the like.

One of the ways to tell if a bill is counterfeit is to feel its texture. A distinguishable point, when it comes to dollar bills, are the types of fibers associated with them. They are able to give the surface a much more different feel than, say, simple paper that anything can be printed on. It's this simple paper that not only feels weaker but erodes faster and is typically utilized for the purpose of creating counterfeit bills to be passed off as real.

You may also want to look at the borders associated with dollar bills. On bills which are deemed authentic, they are considerably cleaner and there aren't many, if any, visible breakages the human eye could pick up. When you detect borders which look, for lack of a better term, unfamiliar, you are probably in the right to assume that these bills have been counterfeited. This is a less common aspect when it comes to counterfeit money but it's a point worth noting nonetheless.

It's important to note that counterfeit money is a serious problem worth talking about. One of the many reasons for this is because it's a problem that doesn't include dollar bills alone. In order to truly understand what counterfeiting is all about, you must also understand the ways in which counterfeit money can be avoided in the long term. There are a number of visual differences to consider; it's just a matter of understanding how to pinpoint them.




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