From your review of Chapter 4 of the text, please summarize some of the technology that is now being used to assist in the process of attempting to counterfeit currency. Please also check the web for...

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From your review of Chapter 4 of the text, please summarize some of the technology that is now being used to assist in the process of attempting to counterfeit currency. Please also check the web for any additional information you may find out about the newest technology to assist with this process.
In addition, review the material on the new security features that have been integrated into the currency in circulation over the past fifteen to twenty years, on pages 102-105. What enhancements have been added to this currency that makes it more difficult to duplicate and counterfeit?
Your final paper should be approximately 300-400 words (1 pages) in length. Please cite your material in APA format.




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Methodology of Economic Crimes work Ind5 Week 5: Week Five - Individual Work Instructional Objectives for this activity: Outline the evolution of the techniques used to counterfeit currency. From your review of Chapter 4 of the text, please summarize some of the technology that is now being used to assist in the process of attempting to counterfeit currency. Please also check the web for any additional information you may find out about the newest technology to assist with this process. In addition, review the material on the new security features that have been integrated into the currency in circulation over the past fifteen to twenty years, on pages 102-105. What enhancements have been added to this currency that makes it more difficult to duplicate and counterfeit? Your final paper should be approximately 300-400 words (1 pages) in length. Please cite your material in APA format. In the Book page 102-105 Security Features in Currency: The Department of the Treasury’s Bureau of Engraving and Printing (BEP) is responsible for Printing the currency and the Federal Reserve System is responsible for issuing the currency In December 1993, the National Research Council (NRC) FUNDED BY THE Department of the Treasury, published Counterfeit Deterrent Features for the Next Generation Currency Design, which analyzed and recommended overt counterfeit deterrent features that could be incorporated into a redesign of U.S. banknotes. The development costs for the new series were $265,376 to fund the NRC study, and approximately $500,000 to purchase test quantities of features and carry $20, $50, and $100 notes; and the 1999 $5 and $10 notes. Two of the security features found prior to the new change are security threads and micro printing. Security Thread: A security thread is a thin thread or ribbon running through a bank note substrate. All 1990 series and later notes, except the 1, features. The note’s denomination is printed on the tread. In addition, the...



Answered Same DayDec 20, 2021

Answer To: From your review of Chapter 4 of the text, please summarize some of the technology that is now being...

Robert answered on Dec 20 2021
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Methodology of Economic Crimes
Running Head: METHODOLOGY OF ECONOMIC CR
IMES
Methodology of Economic Crimes
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Methodology of Economic Crimes
Counterfeiting has grown to be a significant business for many criminals who are looking at making money easily. The more scientists and chemist are looking at improving on the designs in money to counter counterfeiting, the more criminals are looking at ways to improve on their counterfeiting methods. Around $70 million, fake currency notes are used on daily costing the normal consumers millions.
Over the past fifteen to twenty years, there have been various features used towards anti-counterfeiting money. This is the primary function of the Department of the Treasury’s Bureau of Engraving and Printing. It has implemented various security...
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