Secret Service agent discusses the use of counterfeit money during festival season

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HAZARD, Ky. (WYMT) - The use of counterfeit money is an increasing concern during the festival season.

Paul Buta, United States Secret Service special agent, stopped by the Hazard chamber meeting this morning to discuss counterfeit money.

"Counterfeiting we know occurs periodically throughout the year specifically at festivals," said Buta. "They count on the anonymity of the crowd to help them move through and pass their counterfeit."

Buta says counterfeit transactions increase during the festival season because of the cash base interaction between merchants and consumers.

There are a couple of ways to check your money to make sure it is not counterfeit. One way is to check the security features including the embedded security strip.

"They are going to have the embedded security thread. The embedded security thread is the little line you see everybody sees in a note and it has the domination specific printing."

Buta also says currency should have a three-dimensional feel to it.

The Secret Service have passed out 'know your money' brochures at local police departments.

If you encounter counterfeit money you are asked to contact your local police department.



 
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