Friday, September 26, 2014

Whistleblowers Against Fraud & How You Can Tackle Counterfeit

By Bob Oliver


When it comes to money, it's clear that authentication is going to be a important talking point. Counterfeit money was a bit of a concern when I was in retail, since the workers were told about the ways in which certain bills could be verified, limiting the risk of fake bills being taken in. Whistleblowers Against Fraud can tell you about both the seriousness of this occurrence, in addition to the ways it can be taken care of. To put it simply, counterfeit money deserves to be looked into.

Counterfeit is when something of value is remade - with almost exact appearances - in order to deceive or trick others as it relates to the item's value. Even though this can be done with just about anything, it seems like paper money is the common proponent of this. Even though counterfeit money will be made, there are ways to ensure that you aren't a victim of this type of fraud, according to companies like WAF. Here are just a few methods Whistleblowers Against Fraud may be able to tell you about.

Did you know that one can tell if a bill is counterfeit simply by feeling the money? Consider the fact that authentic bills are made from paper which consist of fibers, each of them able to give a certain degree of strength to the bills themselves. When counterfeit money is made, in typical scenarios, you have to keep in mind that the paper itself feels much softer. It is also a material that erodes more quickly, so hopefully this allows you to better understand what counterfeit bills feel like.

The borders of the bills themselves should be looked at as well. It's important to keep in mind that legitimate bills are ones which have cleaner borders, each of them free of breakages that the human eye would be able to detect. You have to consider that, if these are uneven or eroded by comparison, the bills themselves may very well be counterfeited. Even though this is a less-observed component of counterfeit money, it is one to consider nonetheless.

It's important to note that counterfeit money is a serious problem worth talking about. One of the many reasons for this is because it's a problem that doesn't include dollar bills alone. In order to truly understand what counterfeiting is all about, you must also understand the ways in which counterfeit money can be avoided in the long term. There are a number of visual differences to consider; it's just a matter of understanding how to pinpoint them.




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