The Science Behind Fake Money
Nov 29 2018
Sabse bada rupaiya is an anthem every Indian has memorized in their very core. If we are duped of a single rupee, we move heaven and earth to get back its value in whatever way we can. However, in the times of fake notes and terror funding, counterfeiters still manage to get away with their crimes, cheating Indians of their hard-earned and hard-fought wealth.
Isn’t it worthwhile then to know how counterfeiters manage to do this, despite government’s best efforts?
Since its invention, money in all its forms has been counterfeited. The craft of it depends on the currency in circulation. In the age of gold and silver coins, counterfeiters used to make fake coins by mixing pure gold or silver with base metals. As paper money came into the picture, printing notes unceremoniously became a norm. Nations at war used the process of counterfeiting to weaken their enemies, and counterfeiters were punished by being hanged to death for their crimes. To control this evil, governments started to introduce security features in the note.
Counterfeiters today have the skillset and means to replicate these security features in the Fake Indian Currency Notes (FICNs). They use stamp paper as the base for authenticity and put the watermark of Gandhi using opaque ink. The security thread is then added by drawing a line with a pencil, by printing a line with grey ink, or by using aluminium thread while pasting two thin sheets of paper. Of the 30 typical security features, counterfeiters are able to replicate at least 15 – the methods for many of these, still under wraps.
So how do these FICNs make their way from criminals to an ordinary man’s pocket?
Many believe that our neighbouring countries like Pakistan and Bangladesh manufacture and sell counterfeit notes to distributers at roughly around 10 times its face value during production. These distributers cross the porous borders of Bangladesh and Nepal, and inject these notes into the main population.
It is at this point of entry that police seize the notes to stop the counterfeit operation. Alternatively, when an FIR is launched on a case of fake notes, they backtrack the source and follow the trail. However, an FIR isn’t registered until at least 5 FICNs are recovered in a single transaction.
The Common Man
Despite these efforts by the government, once a fake note has reached the common man’s pocket, there isn’t much he can do to recover its real value. While the law enforcers can go after the distributers and even the manufactures via shared intelligence, the onus of protecting oneself from fake notes still lies on the lay citizens. To make this more effective, the Reserve Bank of India (RBI) issues notices and collates information so that citizens can protects themselves from this menace.
But honestly, isn’t that expecting too much of them? To have all the details of the security features of the notes?
What the lay citizens needs is a fake note detector that is easy-to-use and affordable – a device like Kores Empower. It employs the unique M-code technology to authenticate currency at molecular level, and therefore offers unmatched reliability when compared to other fake note detectors. Its simple one-push operation makes it easy for anyone to identify fake notes without knowing the security features, unlike many UV light based fake note detectors.
The best part, it is available in Amazon for the pocket-friendly price of Rs. 2650 only. So, go ahead and counter these counterfeiters and protect your rupaiya always!