8 Ways to Spot Counterfeit Money
The new $100 bill is designed to thwart counterfeiters, but that won't stop them from trying. To protect your wallet, learn the experts' rules for recognizing funny money.
The new $100 bill is designed to thwart counterfeiters, but that won't stop them from trying. To protect your wallet, learn the experts' rules for recognizing funny money.
Tiffany & Co sued Costco Wholesale Corp on Thursday to stop the largest U.S. warehouse club chain from selling what it called counterfeit diamond engagement rings bearing the luxury retailer's name.
Counterfeiting is a detail-oriented art, but one Arizona man who attempted it wasn't quite scrupulous enough about his fake bills: He attempted to pass a forged $100 bill with a picture-perfect image of Benjamin Franklin -- but a watermark of Abraham Lincoln.
The quantity of counterfeit goods entering the U.S. is increasing, and it gets worse around an event like the Super Bowl. Federal agents recently seized more than $6 million of counterfeits and shut down more than 300 illegal websites. But consumers are at risk for more than just getting a shoddy NFL jersey.
This is International Fraud Awareness Week, when various companies and nonprofit organizations work to educate people about how to avoid becoming victims of financial fraud. And we need the help: Last year, American consumers lost more than $1.7 billion to financial scams.
Jason Statham made his fortune as a top movie action hero several head-butts ago: His pictures have made well over $1 billion. But the British actor keenly remembers when being a well-paid tough guy meant selling jewelry and perfume out of a briefcase on the street.
As more Americans shop online for the holidays, they're falling prey to increasingly sophisticated scams. In response, on Cyber Monday, the Justice Department busted 82 sites for allegedly selling counterfeit and pirated goods, but more crooks are out there.














