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Does Counterfeit Money Smell Different From Real Money?
Funny Going to the Dogs
The advancement of digital technology, with computer scanning capability and high-resolution printers, has made production of large quantities of counterfeit currency relative child’s play. Virtually anyone anywhere in the world can do it, and in a very short time. But counterfeiting is one of the oldest crimes in history. The United States Secret Service was established back in the 19th century at the end of the American Civil War as a remedy to the fact that one-third to one-half of all the currency flooding the nation’s market was fake.
Today in the 21st century, the Secret Service’s role has expanded to include aggressively pursuing American counterfeiters and traffickers internationally. The crime of currency counterfeiting is once again on the rise and poses a potentially serious threat not only to the nation’s economy but world economy as well. Fortunately, the Secret Service has developed a new super-powerful weapon against bogus bill manufacturers: the sense of smell.
Well, perhaps it’s safer to say that weapon really isn’t all that new; in fact, it’s long overlooked but now newly appreciated. And most people (i.e., human beings) don’t really have the capacity to sniff out forgeries, but it should be no surprise to anyone that dogs can.
A report released jointly by the U.S. Secret Service, the Treasury Department and the Federal Reserve Board revealed that Colombia is one of the leading countries in the production of U.S. “funny money” and is responsible for about 15 percent of all circulating fake currency throughout the world. In fact, since 1998, the Secret Service and Colombian authorities have seized more than $150 million in forged bills and taken down operations that could have produced billions more.
They had the help of “Mike,” the first canine trained in the sniffing out and detection
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