Buying Pizza Using Counterfeit Money?

If you have counterfeit money, you might think that you can spend it for cheap items so that you won't get caught. You can spend it for a bottle of mineral water, or maybe a loaf of bread or maybe two pieces of fried chicken.

Think again. You shouldn't have the counterfeit at first place. If the money is in your hand, you should report to the authority, not spending them!

If you get caught for buying fried chicken using counterfeit money, you might go to jail or need to pay for an amount of money. It's not worth at all! Then the next day news goes like this: Going to Jail because of Fried Chicken.

It isn't funny because it had happened before. Read this news.

Danbury Police: Counterfeit $50 for a Slice of Pizza

Posted by Mark Langlois (Editor) , August 30, 2013

Danbury Police officers were sent to Nico's Pizza on Main Street at about 8:20 p.m. Thursday over a disturbance involving counterfeit money. Upon their arrival, Police determined that Miguel Audelo (photo), 22, of Queens, NY was attempting to purchase 2 slices of Pizza with a counterfeit $50 bill. Upon interviewing Audelo, he told police he does this for a job.

"He goes around and tries to spend less than $5 so he can get the change," said Danbury Police Spokesman Christian Carroccio. Police said they found other counterfeit $50 bills on Audelo. Audelo was charged with two counts of first-degree forgery, and criminal attempt to commit sixth-degree larceny. The counterfeit bills were turned over to the Secret Service. Audelo was held on a $100,000 bond for the above mentioned charges, and an ICE Detainer. Additionally it was learned that Audelo was wanted in Queens, NY for felony forgery. Audelo was additionally charged as a fugitive from justice and held on an additional $25,000 bond.

source

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Guidelines on Handling Counterfeit Banknotes by Commercial Banks

These are the guidelines on handling counterfeit banknotes by commercial banks, as provided by Central Bank of Malaysia (BNM) :

1. Do not stamp “Disyaki Palsu”, write on, cut, re-circulate or alter the physical condition of the suspected counterfeit banknotes.
2. Record full details of the sender’s name, address and I/C number, denomination, quantity of counterfeit banknotes and other related information in a record on the detection of suspected counterfeit banknotes.
    
3. Hand-over a copy of (2) above to sender as proof of the bank’s receipt of the suspected counterfeit banknotes.
    
4. Photocopy sender’s I/C and the suspected counterfeit banknotes.
    
5. Lodge a police report at the nearest police station promptly and surrender the suspected counterfeit banknotes, copy of sender’s I/C and other related documents to them.

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Checking a Fake Banknote

You might had visited the post on Detecting a Counterfeit Banknote but the article seems a lot of words and may irritate some of word-o-phobia (really?).

So we brought to you the video version which is more interactive and attractive, produced by lunaticg blog. The money used here is Malaysia Ringgit (MYR) 100.
Here you go:

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How to Differentiate or Identify Counterfeit Notes using Banknote Detector

How to spot fake money?  How to check and confirm forgery notes?
Here are some useful tips to identify counterfeit RM50 notes; brought to you by Nibo Corporation Sdn Bhd.
*RM/MYR stand for Ringgit Malaysia

Overall paper reflection of UV light

 (✔ means real banknote, X means fake banknote)

Security vertical strip does not differentiate the real and fake banknotes

Deer head reflection (real banknote)

Deer head reflection (fake banknote)

Serial number reflection (fake banknote)

Serial number reflection (real banknote)

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What Do You Do If You Receive a Counterfeit Banknote?

After you able to detect any counterfeit and fake banknote, you must be wondering; what should I do now?

Some advices, do notify the police immediately if you have received counterfeit banknotes. Using or returning counterfeit banknotes is just as illegal as manufacturing it. Counterfeit banknotes are not eligible for replacement!

Follow these steps (as provided by Central Bank of Malaysia or BNM):

• Delay the person (passer) who gives you the counterfeit banknotes if possible and observe the passer's description, as well as that of his/her companion if any, and the license numbers of any vehicles used by them
   
• Do not write on, cut or re-circulate the counterfeit currency
   
• Handle the currency as little as possible (e.g. you can put it in an envelope or plastic cover). Record on a separate sheet of paper all the details about how you got the currency, who gave it to you, where and when you got it
   
• Take the counterfeit currency to the nearest police station and surrender the counterfeit currency to them after lodging a police report

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Detecting a Counterfeit Banknote

Counterfeit banknotes are reproduction of the real banknotes using materials of low quality but appear similar to the genuine with intent to deceive member of the public.

Counterfeit banknotes have no value but it is possible that they may be used and may escape detection for some time. Thus, protect yourself and always check your banknotes when you receive them. Here are some tips from Central Bank of Malaysia (BNM).

Detecting a Counterfeit Banknote

All counterfeits of modern banknotes can be recognized without too much difficulty. The differences can be seen upon closer examination by applying the "FEEL , LOOK, TILT and CHECK" Principle.

1. Counterfeit Detection: Feel

Security Features	Genuine	Counterfeit
Feel the quality of paper	The genuine banknote is usually printed on very high quality paper and manufactured from cotton. It has a unique feel, crisp sound and slightly rough in the heavily printed areas.	The paper used for making the counterfeit notes appears to be poor quality,most common commercial type of paper.
Feel the Intaglio Printing	The intaglio print is a raised printing effect produced by applying layers of tactile inks on various parts of the front and reverse sides of the notes	The counterfeit banknote does not have feeling the raised printing.

2. Counterfeit Detection: Look

Security Features	Genuine	Counterfeit
Look at the banknote and hold it up to the light	The genuine banknote carry a watermark portrait, security thread and perfect see through features . A watermark portrait of Yang DiPertuan Agong has three dimensional effect and appears soft and shady without sharp outlines portrait. At the base of watermark a denomination number is clearly visible. The security thread will always looked embedded in the paper. The hibiscus flower on the obverse will register perfectly with the same flower on the reverse of the banknote.	The watermark in the counterfeit is not visible. If any, it can be appears like a drawing. The security thread is simulated and rather blurs, and can be easily scrapped off. The see through features does not perfectly registered with the pattern on the reverse side of the banknote.
Look under magnifying glass	You can see micro lettering on observe and reverse sides of all banknotes. The lettering on a genuine banknote should be sharp and not blurred.	The micro lettering of the words 'BANKNEGARA MALAYSIA', 'BNM' and banknotes denomination i.e. RM1, RM5, RM10, RM50 and RM100 on the banknote are not present, only dots are printed to simulate this features.
Look ultra-violet light	Invisible fluorescent elements representing various elements of the background on the obverse and reverse will fluoresce in different colours. Various elements are captured under UV light such as invisible fibres and phosphorescence square.	Under UV light the invisible fibres and phosphorescence square are completely missing in the counterfeit note. The paper of the counterfeit is UV bright, meaning that it glows more than genuine banknote paper.

3. Counterfeit Detection: Tilt

Tilt the banknote
LEAD feature (incorporated in RM10, RM50 and RM100) You can see the iridescent stripe shines under a bright light and showing the banknote denomination and the name of BNM when the view angle is shifted.	Lead feature is very difficult to counterfeit. Normally the shines of the LEAD cannot be seen. Some counterfeiters will attempt to simulate it by using a plain shiny foil.
PEAK feature When changing the angle of view by shifting the banknote, a hidden image of denomination number i.e. 50 will be revealed in the centre of the PEAK square.	There is no latent image of denomination in the PEAK feature or some simulation of image has been attempted.

Security Features

Various security features have been incorporated into the Malaysia Ringgit banknote. It is important for you to be aware of some of these security features and be able to distinguish between genuine and counterfeit notes which are completely worthless.

Level	Examination	Security Features
Level I : Public	Human Sense	Watermark Portrait Security Thread LEAD Feature PEAK Feature Perfect See Through Intaglio Print
Level II : Cash Handler	Human Sense & Equipments	All the first level features Security Fiber Fluorescent Elements Micro Lettering Fluorescent Square

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