Tag Archives: counterfeits

$3.5B worth of the redesigned $100 bill is being distributed to banks today. The bill redesign, the first for the $100 bill since March 1996, will still have Benjamin Franklin on the front and Philadelphia’s Independence Hall on the back. It will also have a number of new features that will definitely turn heads. There is a disappearing Liberty Bell …

It goes into circulation in October. “We made numerous process changes to address the creasing issue and we are back in full production,” said Dawn Haley, a spokeswoman for the Bureau of Engraving and Printing. Haley said those changes include modifying the paper feeder on printing presses to accommodate variations in the paper associated with the 3-D security ribbon. The …

If haven’t gotten your dad that holiday Rotex yet, it might be too late. Local news is reporting that the NYPD has shut down a large swath of Chinatown today in a massive crackdown on counterfeit luxury handbags, watches, fragrances, etc. A strip of stalls selling counterfeit goods in Chinatown were raided Tuesday morning, shutting down the notorious shops just …

In one of the largest raids in NYC history, today the NYPD conducted a massive sweep of Chinatown’s bustling counterfeit designer goods shops, clearing Canal Street of knockoff watches and handbags. Police padlocked 32 businesses whose owners now face stiff fines or imprisonment. Mayor Bloomberg: “It is organized crime, frequently accompanied by bloody turf wars, stickups and armed assaults. Counterfeiters …