The E-Sylum:  Volume 8, Number 5, January 30, 2005, Article 14

THE CHANGING (PIMPLEY) FACE OF THE COUNTERFEITER

Jeff Reichenberger writes: "There was an interesting article
in today's (1/24) Milwaukee Journal-Sentinel about
counterfeiting entitled, 'The new creators of counterfeit
currency'. Mainly talking about digital technology, scanning,
photography, etc. The secret service in Milwaukee has been
busy tracking down mostly teenagers with nice computers
who duplicate $5 and $10 bills and use them at retail stores
and McDonalds.

I just finished reading the book, 'Money of their Own' -the
stories of the worlds greatest counterfeiters- by Murray Teigh
Bloom. 1957. Therein describes the most elaborate,
sophisticated, drawn-out, and carefully planned counterfeit
schemes the world has known, from 'Operation Bernhard'
(the nazi plan of WWII), to William M. Jacobs, the successful
Pennsylvania cigar maker who decided he wasn't making
enough money selling nickel cigars.

It struck me funny that it used to be big criminals trying to
get filthy rich making phoney money, or wartime strategists
trying to bring down the enemy by flooding it with bogus 
bills.
Now the secret service has to chase teenagers who just
needed a burger and fries! The times they are a'changin'."

To read the Milwaukee Journal-Sentinal article, go to
Full Story

  Wayne Homren, Editor

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