Fake money more common than you may think - WCBD-TV: News, Weather, and Sports for Charleston, SC

Fake money more common than you may think

Posted: Updated:
Source: U.S. Secret Service Source: U.S. Secret Service
Source: U.S. Secret Service Source: U.S. Secret Service
Source: U.S. Secret Service Source: U.S. Secret Service
Source: U.S. Secret Service Source: U.S. Secret Service

Investigators say counterfeit money is popping up everywhere; the corner store, the big-box store and even the local school.

The United States Secret Service has been investigating counterfeit money since the 1860's. When the Civil War ended one-third of all U.S. currency was counterfeit.

Because of the ongoing effort to stop it, it's not that big of problem now but it's still pretty common. Resident Agent in Charge of the Secret Service here in Charleston, John Kenney says while the methods have changed there are people who still make it and pass it on. The cash usually begins to circulate with other criminal activity.

"Money like this is traveling in drug circles guys are ripping each other off."

And then it gets into the system until it's discovered usually by the already duped store manager or the bank where the buck finally stops.

In most cases today's local counterfeiter is not equipped with a meticulous criminal mind. They are equipped with some basic modern technology and they not that ambitious going for pass of smaller bills to keep suspicion low said Kenney. "Most of what we see especially in the low country is going to be computer generated; it literally can be done by almost anybody."

Anybody, including school aged kids recently counterfeit bills popped up at North Charleston Elementary when police say a 5th grader passed a fake $20 for a couple bags of chips. He told police he received the money from an adult before school.

At Garrett Academy recently there was another incident when a student passed a $10 to a cafeteria worker to pay for lunch. Kenney says it's not always the adults kids are catching on to the counterfeiting game as well.

"Beginning of every school year we have some kids who decide to try in the computer lab or that library where they have some notes and they pass it to the poor ladies at the cafeteria or the school store and it happens every year and it happens at all our high schools and we wind up getting calls from school resource officers."

It's not that hard to believe that in recent months you, yourself held counterfeit bill and unknowingly passed it. Even Agent Kenney is reluctant to admit his own mother was a victim. He says when it comes to identifying the fake cash it's not so much look but the feel.

"We asked you to familiarize yourself with the security features that are already in the bill such as the feel of the paper, such as the good quality printing…remember that good quality ink doesn't run."

 

 

  • Cher coming to North Charleston; tickets go on sale Friday, September 5

    Cher coming to North Charleston; tickets go on sale Friday, September 5

    Tuesday, September 2 2014 7:20 AM EDT2014-09-02 11:20:39 GMT
    Courtesy: North Charleston ColiseumCourtesy: North Charleston Coliseum
    Cher is adding shows to her "D2K Tour 2014" including one in North Charleston on November 19 with tickets going on sale Friday, September 5.
    Cher is adding shows to her "D2K Tour 2014" including one in North Charleston on November 19 with tickets going on sale Friday, September 5.
  • Body found in Awendaw with apparent gunshot wound

    Body found in Awendaw with apparent gunshot wound

    Tuesday, September 2 2014 5:42 AM EDT2014-09-02 09:42:52 GMT
    The Charleston County Sheriff's and Coroner's offices are investigating an apparent homicide in Awendaw.
    The Charleston County Sheriff's and Coroner's offices are investigating an apparent homicide in Awendaw.
  • First ever "Watersports Week" coincides with "Restaurant Week" in Charleston

    First ever "Watersports Week" coincides with "Restaurant Week" in Charleston

    Monday, September 1 2014 11:31 PM EDT2014-09-02 03:31:34 GMT
    A historically slow week for tourism begins today, and in an effort to turn things around, people in the city of Charleston are working to keep the spirit of summer spending alive.Whether it's dining out with family or taking a boat ride with friends, summer or not, in Charleston, it's hard to be bored. But as summer ends and many tourists leave, business unfortunately slows down.In an effort to combine some of Charleston's greatest assets and keep money coming in, this week after Labor Day k...
    A historically slow week for tourism begins today, and in an effort to turn things around, people in the city of Charleston are working to keep the spirit of summer spending alive.Whether it's dining out with family or taking a boat ride with friends, summer or not, in Charleston, it's hard to be bored. But as summer ends and many tourists leave, business unfortunately slows down.In an effort to combine some of Charleston's greatest assets and keep money coming in, this week after Labor Day k...
Powered by WorldNow

210 W. Coleman Blvd.
Mt. Pleasant, SC 29464

Telephone: 843.216.4875
Fax: 843.881.3410
Email: news@wcbd.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.