Counterfeit money is creating havoc for merchants

When the merchant deposits a fake bill the bank will find the fake money and alert them. The merchant then suffers the loss on the money. More and more merchants are discovering that counterfeit money is hard to detect. The bad economy is causing a big rise in the number of counterfeit bills circulated. The bills are harder to detect because counterfeiters are learning new methods to disguise fakes. The pen detectors are now obsolete. Counterfeiters are washing bills and then reprinting higher denominations on the blank government paper, this makes the counterfeit pens useless because they work by detecting the chemicals in the government paper. Also counterfeiters are using chemicals such as fabric softeners to fool the counterfeit pens. Now the only foolproof method of identifying counterfeit bills are with an electronic infra-red detectors such as the C-3300 counterfeit detector . The detector should be installed next to each point of sale station and every bill $20 or larger should be checked at the time of the sale. If a fake bill is detected it should be refused and authorities should be alerted.