Ecuador has been seizing an average of 4.6 million dollars in counterfeit bills a year, according to authorities this week after the unusual discovery of one of the printers on the border with Peru.
The Ministry of Government indicated that in the last five years they have seized 22,914,915 fake dollars. In one of the most recent operations, the Police discovered the clandestine factory, where $332,000 in $20 bills, the most widely used denomination in the country, were confiscated.
“This is one of the first cases of this modality, we always found fake money, but not a clandestine printing”, indicated General Alain Luna, director of Police Investigations, .
The crime of currency trafficking is typified in article 304 of the Organic Comprehensive Criminal Code (COIP), which indicates that the person who introduces, acquires, markets, circulates or circulates adulterated, modified or falsified currency in any way will be sanctioned with custodial sentence of one to three years.
ticket details
Carriers can pay attention to some details so as not to fall into deception with counterfeit bills.
embossed printing
By touching the character’s outfit and the black outline of the bill, you’ll feel the high relief of the print.
Paper
Banknotes are made from security paper made from a blend of cotton and linen.
security thread
When holding the bill up to the light, you will see a security thread or plastic band embedded in the paper, placed vertically. It is visible on both sides of the bill and is located in a different place depending on the denomination.
The $1 and $2 bills do not have a watermark or security thread. If the thread is exposed against an ultraviolet light lamp it flashes a color depending on the denomination.
Watermark
Hold the bill up to the light and look for the watermark on the right side of the bill. This must be the same image of the character’s portrait that appears in the center of the ticket.
On the $5 bill, the watermark is a number “5″ and there is a second watermark on the left side of the portrait, where three numbers “5″ can be seen in a column.
On the redesigned $5 bill, the watermark is a large number “5″ and there is also another watermark to the left of the portrait, which consists of three numbers “5″ in a column.
color changing ink
On the front of the $10, $20, $50, and $100 bills, looking at the number in the lower right corner, you will notice that it changes color as the bill is tilted up and down.
Note on small bills
The $1 and $2 bills have special paper, fibrils and high-relief printing as a security measure. The $5 bill also contains the security thread and the watermark. Color-changing ink is present on bills of denominations equal to or greater than $10. (I)
Do you know how to identify a counterfeit bill?
???? | In this video we present the characteristics and assurances that you should know about the bills that circulate in the country????.
Remember, to verify that your money is real you have to look, tap and spin! pic.twitter.com/5TegTrxYum
– Central Bank Ec (@BancoCentral_Ec) February 9, 2022
Source: Eluniverso
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