The Science Of ...

The world is awash in counterfeit money (1 in 30 British pounds are fake)

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Counterfeit money is imitation currency produced without the legal sanction of the state or government.

Counterfeiting is as old as money itself.

It's a huge problem just about everywhere in the world.

The Money Show’s Bruce Whitfield interviewed Darian Liprini, Director at Avansa, a company that specialises in cash handling equipment for the African continent.

Scroll down for quotes from the audio below.

We have point of sale counterfeit detectors.

Darian Liprini

Feel the note. It should have a cottony feel. Hold it up to the light. Do you see the watermark?

Darian Liprini

The Super Dollar – manufactured in North Korea – has most of the security features of an original dollar.

Darian Liprini

We have to constantly upgrade our technology.

Darian Liprini

The one pound coin is significantly easier than other coins to fake and it costs only 20p to do.

Darian Liprini

It’s not worth it to fake a bi-metal coin.

Darian Liprini

90% of fake euros are manufactured in Naples in Italy.

Darian Liprini

The amount of cash in circulation has doubled in the last 10 years.

Darian Liprini

If you know you have a fake note you have a legal obligation to hand it in at a bank.

Darian Liprini

R100 and R200 notes are the most counterfeited notes in South Africa.

Darian Liprini

The majority of fake US dollars are made in Peru.

Darian Liprini

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