Counterfeiting money has been a criminal act ever since banks were created. Counterfeiting money is a serious type of fraud that involves making fake bills and coins. Since money is an important part of our economy, the government punishes counterfeiters of currency very severely.
Counterfeiting money is a federal felony. Unlike other federal crimes, the Secret Service is in charge of investigating counterfeiting cases. If you are caught for counterfeiting money, consequences are very severe and can include:
If you use counterfeit money without realizing it, it will not be considered a crime (only if you honestly didn't know!). If you suspect you were given counterfeit money, contact the police and tell them where it came from. You should be suspicious of any bills that look sloppily printed or have missing symbols. Though it is not easy to spot counterfeit money, here are things to look for:
Being accused of counterfeiting money is a serious offense. If you unknowingly used counterfeit money and was charged with a crime, consult an attorney. An experienced attorney can prove your innocence. If you have been caught with counterfeiting, consult an attorney to learn more about your rights and defenses. An experienced attorney can at least reduce your criminal sentence.
Last Modified: 07-29-2014 03:58 PM PDTLaw Library Disclaimer
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