Technology Boosts Counterfeit Circulation

June 1, 2007

Please note: This item is from our archives and was published in 2007. It is provided for historical reference. The content may be out of date and links may no longer function.

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The U.S. Secret Service seized $62 million of counterfeit currency in the 2006 fiscal year, up 69% from 2003.

About 54% of the fake currency collected was produced digitally, most likely using home computers and printers; in 1996, only 1% was made using digital technology.

Source: USA Today.

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