Colext/Macondo
Cantina virtual de los COLombianos en el EXTerior
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Ay compatriotitas; vayan alistando, no solamente las visas para todos los
países, sino también alístense a la requisada y revisada de los dolaretes,
para ver si son falsos...    :O(=

PANG=============

http://news.bbc.co.uk/hi/english/world/americas/newsid_1251000/1251669.stm

Friday, 30 March, 2001, 15:51 GMT 16:51 UK
Colombian forgers foiled



The US dollar is relatively easy to forge

By business reporter Mark Gregory
The authorities in Colombia have broken up a sophisticated counterfeiting
ring which they say produced millions of forged United States dollars.

Police said they had arrested 13 people in the city of Medellin, and seized
printing machines capable of producing almost perfect dollars and currency
from four Latin American countries.



Experts say dollars are relatively easy to forge

 Central banks around the world fight a never ending battle against fake
banknotes.

One tactic is to constantly change the design of legal tender. In Britain,
for example, there is a new £20 note that features a picture of the composer
Edward Elgar.

He was chosen over the novellist Jane Austen because his face was thought to
be more difficult to copy.

A wide range of features and techniques are employed by currency authorities
around the world to make notes hard to fake - including the use of special
papers, complex printing processes, watermarks and invisible security
features detectable only by bank counting machines.

The two main production centres for counterfeit banknotes are Colombia,
which is the source of around a third of fake US dollars in circulation, and
Hong Kong.

Fewer security features

Not surprisingly, it is the world's leading currency - the US dollar - that
is most frequently faked.

Experts say dollars are relatively easy to forge. The notes have fewer
embedded security features than other major currencies, and the way they
look has hardly changed in decades.

Within the US, currency fraud is seen as a manageable issue. The government
has a large department dedicated to combatting it, and there are harsh and
rigorously enforced penalties for anyone caught.

Experts say the main problem with fake dollar bills is outside the US,
especially in parts of Latin America where the dollar has formally or
informally taken over from the local currency.


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