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Be Wary of Fake Colones and U.S.
Bills
Colombian "masters" in
falsifying currency have control
of the business in Costa Rica,
according to experts of the
Ministerio de Seguridad, and are
responsible for producing almost
undetectable fake Colones and
U.S. bills.
The "funny money" is so good
that it even fails the black
light test that is used to
detect the security marks on
original bills and the markers
to reveal the false paper. And
it is no surprise that even
automated teller machines cannot
tell the difference between the
real and fake bills.
Police say that within the last
two years, the quality of the
fakes has gotten better and for
the most part it is due to the
"Colombian school" that leads
the market in the falsification
of Costa Rican notes.
Paul Chaves, director of
investigations of the Ministerio
de Seguridad, affirms that "the
quality of the falsifications
has increased substantially. The
Colombians are good at
falsifications and are noted
throughout the world for the
busines and in Costa Rica they
have taught their craft".
Chaves added that the falsifiers
are now armed with laser
copiers, scanner and computers,
leaving behind the antiquated
methods used in the past.
Franciso Segura, subdirector of
the Organismo de Investigación
Judicial (OIJ), assures that
daily they confiscate false
bills, both Costa Rican and U.S.
currency and it is difficult to
tell how many are involved in
the business, but assures that
the Unidad de Fraudes (fraud
squad) is on their trail.
The biggest single blow to the
falsifiers came last week when
OIJ agents arrested a man
identified by his last name
Pérez, with ˘800.000 colones in
˘2.000, ˘5.000 and ˘10.000 false
notes. The man was arrested near
the gasoline station La
Castellana, on the south side of
downtown San José, and is
believed to be one of the
leaders of a gang of falsifiers.
Experts say that the quality of
false Costa Rican bills has
gotten better over the years.
One way to tell the difference,
however, is the colour of the
paper for used notes. Fake bills
tend turn yellow when dirty,
while the real bills do not.
Carlos Astorga, manager of
security at the Banco de Costa
Rica, assures that his bank has
special equipment to detect fake
bills, both for Costa Rican and
foreign currency. Astorga added
that the quality of the printing
has gotten much better over the
years, "foreign" experts,
especially the Colombians, are
now teaching Costa Rican
counterfeiters the tricks of the
trade.
In April of this year, the
Colombian police, discovered a
network of counterfeiters
that regularly sent U.S. notes
to Latin America, including
Costa Rica. In a house in
Medellín, Colombia, agents
discovered us$1.3 million
dollars in 5, $10, $20 and $100
notes, ready for distribution.
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Could you tell the difference?
Be wary of phony Costa Rican
bills.
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