Matthew Cox
๐ค SpeakerAppearances Over Time
Podcast Appearances
And it was an art form.
And they would make large amounts.
And then that ultimately turned to foreign sources, similar to how drugs would come into the country, counterfeit would come into the country.
Then what you saw in the late 90s with kind of the invention of the all-in-one copier printer is people said, wait a second, I can put a bill on there and just flip it over and I can print this out.
But the way we determine counterfeit and not counterfeit is we learn how genuine is made.
So if you learn how genuine is made, anything that's not genuine, therefore, is counterfeit because it can be counterfeited a lot of different ways.
So true genuine currency is 75% cotton, 25% linen.
We have other various security features that go into it.
The plates are engraved.
They're engraved, which is what the black part that's put on the paper.
And the green part is actually stamped into the paper.
So that's typographic.
So that's how genuine paper is made.
And if it's not genuine, then it's counterfeit.
So in the late 90s and 2000s, when I came into the counterfeit squad, we would see a lot of these startups that you kind of talk about where people were trying to rip off drug dealers, go to the 7-Eleven, those types of things, where...
We would stop that as it was entering the money supply pretty quickly because it wasn't high-end quality.
But the first case I got in the Secret Service was kind of a hybrid attempt to kind of get past some of the security features that we'd put in the big-face bills, the 1996 bills, which you've probably seen today.
The big-face bills.
The big-face bills, right?
Is that a lot of the people were doing the old-school ones.