Thursday, March 19, 2009

North Korean Counterfeit And Few Seemed To Care

This is frightening:

Big Hollywood » Blog Archive » North Korean Counterfeit And Few Seemed To Care
How good were these bills? Almost perfect. The bills were printed with the same color-shifting ink as in our genuine bills and printed on cotton-fiber paper using the intaglio printing process. The bills contained the security fibers as well as the watermarks. They were so good that a top analyst at Secret Service initially opined the bills were real. It wasn’t until the bills were examined under a microscope the flaws were detected. In fact, when I saw enlarged photo comparisons of the bills, the imposter looked better than the real thing.

According to my Secret Service case agent, this was the first time anyone accused of possessing the Supernote went to trial. In the past, those caught entered guilty pleas. Liu, a Taiwanese national, decided to take his chances with the federal judicial system. With a twelve year sentence, he may now be re-thinking his decision to roll the dice in the Las Vegas federal courtroom. In one exhibit we played a video recording of an undercover meeting I had with one of Liu’s co-conspirators, Chao Tung Wu. Wu, believing me to be a criminal confederate, said on camera the money was manufactured in North Korea and distributed through the Russian embassy in Beijing.

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