THE CHANGING (PIMPLEY) FACE OF THE COUNTERFEITER Public Deposited

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  • 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

Source URL Date published
  • 2005-01-30
Volume
  • 8

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