The Numismatic Bibliomania Society

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V17 2014 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 17, Number 36, August 31, 2014, Article 22

THE NOTORIOUS COUNTERFEITER ALBERT TALTON

Details magazine has a lengthy article about one of the best and most prolific counterfeiters of U.S. currency in recent years: Albert Talton, Here's an excerpt. -Editor

Behind an anonymous-looking door on the fifth floor of the United States Secret Service headquarters, on H Street in Washington, D.C., is a small, windowless room known by the agents who work there as the Specimen Vault. Lining the walls are dozens of filing cabinets filled with narrow steel drawers containing scores of transparent plastic sleeves. In each sleeve is an individual note of U.S. currency—a single, five, ten, twenty, fifty, or hundred. The face value of the cash runs into the thousands, perhaps millions, of dollars. But despite the apparent wealth here, the money in the drawers is worthless.

The Specimen Vault is the reference library of the service's counterfeit investigators. It holds an example of every family of fake U.S. tender confiscated since the end of the 19th century. Most of the bills successfully spent—"passed," in law-enforcement jargon—were created decades ago by skilled artists familiar with the fine engraving and heavy machinery of the printing industry, career criminals who churned out hundreds of thousands of dollars at a time. However, the advent of desktop publishing has gradually changed the profile of counterfeiters, giving almost anyone with a scanner and a copy of Photoshop the means to print money. And while opportunistic bedroom forgers have made the crime more widespread, their operations are often small-scale and easy to detect. Few produce more than $10,000.

But in January 2005, the Secret Service field office in Los Angeles discovered a fake $100 bill of remarkably high quality. In the Specimen Vault four years later, Kelley Harris, supervisory counterfeit specialist of the Criminal Investigative Division, hands me a Ziploc bag containing 14 bills, which appear genuine. "Not bad," Harris concedes.

Despite the best efforts of the Secret Service, the printer behind these notes evaded capture for more than three years. By then, Albert Edward Talton, of Lawndale, California, was responsible for putting more than $7 million in phony currency into circulation. And he'd made much of it using supplies purchased from his local Staples.

Albert Talton, 44, is charming and soft-spoken, a big, fastidious man with a taste for expensive cars and high-end audio equipment. Born and raised in Southern California, he has been a criminal for most of his life. For 10 years he was in and out of jail, and in 2001 he was convicted of bank fraud and sentenced to five years in prison. Yet he also studied electrical engineering at California State University, Long Beach, and is a man of considerable ingenuity.

In 1987, when Bose was manufacturing a new type of speaker system, Talton wanted to know how it worked. "I was amazed," he says from the Federal Correctional Institution in Lompoc, California. "How could they get that much bass out of a box the size of a shoe box?" So he bought himself a Bose setup from Circuit City for $2,500, went home, and took it apart. He figured out what the company's technicians had done and built his own version. This would not be Talton's last experiment in reverse engineering.

When Talton set out to circumvent the U.S. Treasury's security measures, he had no experience in counterfeiting, printing, or graphic design, and he didn't even own a computer. His first attempts were made with a Hewlett-Packard all-in-one ink-jet printer/scanner/fax/copier, which could be picked up at the time for less than $150. Early experiments, printed on regular copy paper, were fuzzy, so he cleaned up the original image on a computer. But there was a problem, Talton says: "It wouldn't take the mark."

Counterfeit-detection pens mark yellow on genuine currency but brown or black on fake. Talton didn't know why. At first he thought the Treasury treated the paper, so he experimented with chemicals he found at the body shop and even tried dipping his notes in fabric softener. Nothing worked. Frustrated, he began taking a detection pen everywhere he went, trying it on whatever paper he came across. He was about to give up when one day, sitting on the toilet, he found himself staring at the roll of tissue beside him. He took out the pen: The mark showed up yellow. Talton discovered that toilet paper, the pages of Bibles and dictionaries, and newsprint are all made from the same kind of recycled paper pulp, and all take the mark. Newsprint is strong, and it has an additional advantage for the large-scale buyer: "Newsprint is real cheap," Talton says.

Albert Talton says he did not have any grand plan in mind when he started his operation. It was just an experiment, "to see if I could do it," he tells me in a letter from prison, a few months after our initial conversation. Once he had made 20 or 30 bills, he gave them to an acquaintance—"a street person"—to see what he could do with them. The acquaintance sold them and returned for more.

The H2-H38 notes appeared slowly in Southern California, logged by Secret Service offices one or two at a time early in 2005. For the next year they followed a similar pattern: $100 here, $200 there, always around Los Angeles. But in 2006, the bills began to spread across the country in large quantities: in January, $11,500; in March, $57,600; in September, $115,100. In 2005 and 2006, $1,300,200 in H2-H38 notes were retrieved. Secret Service agents questioned anyone caught passing the notes in volume, but they always told the same story: They had no idea that the money was counterfeit; they certainly didn't know where it had come from. By early 2007, the stream of notes had become a flood—$347,700 in March alone.

To read the complete article, see: The Most Notorious Counterfeiter Albert Talton (www.details.com/culture-trends/news-and-politics/200908/the-most-notorious-counterfeiter-albert-talton)

Wayne Homren, Editor

Google
 
NBS (coinbooks.org) Web

The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V17 2014 INDEX       E-SYLUM ARCHIVE

Copyright © 1998 - 2020 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.

NBS Home Page
Contact the NBS webmaster
coin