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....5bn worth to secret distribution centres around the UK. The switch has happened because the old round one has become increasingly vulnerable to counterfeiters. ... [Read full article on Guardian ]
Friday 24th of March 2017 01:37:58 PM
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Latest Finance News related to Counterfeit

New £1 coin: Tesco to unlock every trolley as it misses deadline image
Source : Guardian [Read Article] Friday 24th of March 2017 01:37:58 PM
....5bn worth to secret distribution centres around the UK. The switch has happened because the old round one has become increasingly vulnerable to counterfeiters. ...
New pound coin: 12-sided piece enters circulation NEXT week - here's what you need to know image
.... The Royal Mint has produced more than two billion round pound coins since that time. The production of the new coins follows concerns about round pounds being vulnerable to sophisticated counterfeiters. ...
Bye round pound image
Source : BBC [Read Article] Wednesday 15th of March 2017 03:04:47 PM
....The new design is meant to be harder for criminals to fake and is billed as the "most secure coin in the world". About 45 million £1 coins, or 3% of those in circulation, are apparently counterfeit. ...
New pound coin enters circulation THIS month: How to get the 12-sided edition first image
.... The new bi-metallic coin features a design that symbolises the four parts of the UK with the Welsh leek, the Scottish thistle, the Northern Irish shamrock and the English rose emerging from a royal coronet. New security features of the coin are aimed at beating counterfeiters - it's estimated there are currently 30million fake £1 coins in circulation. ...
All change: how the Royal Mint is making the new 12-sided £1 coins image
Source : Guardian [Read Article] Wednesday 1st of March 2017 03:41:18 PM
....Production of the 12-sided coins – a whopping 1. 5bn of them – started in March last year and the Royal Mint is now halfway through the process, according to Scott Kuperns, its technical manager and counterfeit specialist. ...
Quids in: why it’s time to get rid of your £1 coins image
Source : Guardian [Read Article] Saturday 25th of February 2017 07:00:05 AM
....The current coins are being replaced because they are so vulnerable to being faked – around one in every 30 in circulation is a dud. The new coin will “reduce the costs of counterfeits to businesses and the taxpayer,” says the Mint. ...
Bank of England will retain plastic £5 note, despite vegan protests image
Source : Guardian [Read Article] Wednesday 15th of February 2017 12:11:39 PM
.... It has spent £70m on making the two plastic banknotes so far. It said: “Withdrawing £5 polymer banknotes and stopping production of £10 polymer banknotes would have significant implications for the Bank’s anti-counterfeiting strategy and threaten continuity of supply of banknotes to the public. ...
Viagogo accused of sitting on refunds after overcharging for tickets image
Source : Guardian [Read Article] Tuesday 14th of February 2017 06:31:34 PM
....A spokesperson for Ed Sheeran said: “We are vehemently opposed to the unethical practices that occur in the secondary market. “We are aware and deeply concerned about the websites in question and have urged all fans not to engage with them in order to avoid being ripped off with higher prices or, potentially, counterfeit tickets. ...
Alibaba cracks down on counterfeiters on their platform image
Source : BBC [Read Article] Thursday 5th of January 2017 01:16:26 AM
. Chinese e-commerce giant Alibaba has sued two vendors for selling counterfeit goods, weeks after being blacklisted by a US industry watchdog. ...
New quid on the block: round pound to be replaced by 12-sided coin in March image
.... They must be exchanged before 15 October when they will cease to be legal tender. The first new £1 coin since 1983 is an attempt to end counterfeiting. ...
New 12-sided £1 coin to enter circulation on 28 March image
Source : Guardian [Read Article] Sunday 25th of December 2016 12:01:03 AM
....It is the first time for more than 30 years that a new £1 coin has been introduced. The change has been made due to the ease with which counterfeits were being made. ...
Fake goods sold on social media are seized image
Source : BBC [Read Article] Friday 23rd of December 2016 10:07:36 AM
...."When criminals infiltrate and undermine social media platforms such as Facebook and Instagram consumers are put at risk of injury and harm," said Graham Mogg, who chairs the Anti-Counterfeiting Group. "Targeting the wholesale suppliers at markets and retail premises, as well as the traders operating on social media, has removed tens of thousands of unsafe and other counterfeit goods from the market place. ...
China's Alibaba back on US counterfeits blacklist image
Source : BBC [Read Article] Thursday 22nd of December 2016 01:16:33 AM
. Chinese e-commerce giant Alibaba is back on the US's "notorious markets" list over counterfeit goods sales. ...
Trump appoints China critic Peter Navarro to trade post image
Source : BBC [Read Article] Thursday 22nd of December 2016 01:06:24 AM
....He has also criticised China on Twitter, recently accusing it of deliberately devaluing its currency, among other claims. The latest move came as Chinese online retailer Alibaba was placed back on the US list of "notorious markets" over counterfeit goods sales. ...
Bad money image
Source : BBC [Read Article] Saturday 17th of December 2016 12:34:01 AM
....Join the conversation on this and other stories here. While the government has been the target of the rumours, the government perhaps hasn't helped its cause by using skewed surveys to bolster its case for the radical currency project, which Modi says is an attempt to fight counterfeiting, tax evasion and funding terrorism and the drugs trade. ...
UK failing to keep up with online consumer fraud, NAO warns image
Source : Guardian [Read Article] Thursday 15th of December 2016 12:01:25 AM
....8bn last year, of which £4. 2bn is thought to be hidden and unreported losses from crime such as mass marketing fraud and counterfeit goods. ...
De Beers diamond sales slow after India's cash crackdown image
Source : Guardian [Read Article] Tuesday 13th of December 2016 08:50:58 AM
....Anglo American has said demand at its latest De Beers diamond sale showed a slowdown in response to India’s withdrawal of high-value banknotes, but was still higher than a year ago when commodity trade was slumping. The decision by the prime minister, Narendra Modi, to scrap 500-rupee and 1,000-rupee banknotes as part of a crackdown on tax dodgers and counterfeiters has dented consumer spending in a country where most people are paid in cash, and buy what they need with cash. ...
Fake Apple chargers fail safety tests image
Source : BBC [Read Article] Friday 2nd of December 2016 12:18:50 AM
....Investigators have warned consumers they face potentially fatal risks after 99% of fake Apple chargers failed a basic safety test. Trading Standards, which commissioned the checks, said counterfeit electrical goods bought online were an "unknown entity". ...
Barclays to unveil contactless cash withdrawals image
Source : Guardian [Read Article] Tuesday 22nd of November 2016 05:15:01 PM
....”. Last year, more than 90,000 UK bank accounts were defrauded through the use of counterfeit cards, and a further 152,727 because of lost or stolen cards, according to Financial Fraud Action UK. ...
Barclays tests smartphone cash withdrawals image
Source : BBC [Read Article] Monday 21st of November 2016 05:18:17 PM
....The goal is, in part, to prevent criminals compromising or stealing card details, which typically occurs by one of three methods. Last year, 92,670 UK accounts were defrauded because of the use of counterfeit cards and a further 152,727 accounts because of lost or stolen cards, according to Financial Fraud Action UK. ...
Singles Day: Alibaba breaks record sales total image
Source : BBC [Read Article] Friday 11th of November 2016 01:29:54 AM
....But some have questioned the accuracy of the numbers, amid claims of inflated sales data at Chinese online retailers. Merchants passing off counterfeit goods as genuine is also a problem in the industry. ...
Online scams and 'portal juggling': National Trading Standards lists threats image
. Consumers are facing emerging threats from increasingly sophisticated online scammers, which include counterfeit goods advertised on social media and misleading listings by estate agents on online portals. ...
New pound coin: Firms told to prepare for redesign image
Source : BBC [Read Article] Monday 31st of October 2016 10:01:05 AM
....They should also consider training their staff "on the features of the new £1 coin", it says. The new coin is being introduced because approximately one in 30 pound coins currently in circulation is a fake, according to the Royal Mint and the new coins are designed to be harder to counterfeit. ...
Apple complains Amazon's US site is selling fake products image
Source : BBC [Read Article] Thursday 20th of October 2016 01:31:20 PM
. Apple has complained of a "flood" of counterfeit goods masquerading as its products being sold on Amazon. ...
Slow delivery from AliExpress means there’s no China crisis for Amazon image
Source : Guardian [Read Article] Saturday 15th of October 2016 06:00:07 AM
.... There are no GoPros, but there are thousands of “sports action cameras” starting at £24, compared to GoPro’s £159 at John Lewis. Are they counterfeits? Some are likely to be – while Alibaba says it is determined to stamp out the fakes, forums are littered with complaints around the issue. ...
Facebook apologises for baby hedgehog Marketplace ads image
Source : BBC [Read Article] Wednesday 5th of October 2016 10:31:13 AM
....". Facebook has previously faced criticism for hosting adverts for illegal products, including guns, drugs and counterfeit goods, elsewhere on its services. ...
The drugs don't work image
Source : BBC [Read Article] Monday 26th of September 2016 11:04:42 PM
....Now imagine what it must be like to see your child die nonetheless because the drugs you bought were fake. That is the brutal reality of the multi-billion dollar a year global trade in counterfeit drugs. ...
Polymer £5 notes to enter circulation today image
Source : Guardian [Read Article] Tuesday 13th of September 2016 06:26:20 AM
....The Bank spent around £70m on the research, development and printing of the new banknotes and Cleland’s team of 140 staff have been working for years to develop its cutting edge security features, which include a see-through window. Bank scientists have made counterfeit versions to assess how easily the fivers could be copied, and have tested how the notes react in washing machines and in machines full of grit. ...
New £5 note: Consumers face wait for plastic fiver image
Source : BBC [Read Article] Monday 12th of September 2016 11:05:15 PM
....However, the notes are not indestructible. New security features - such as a transparent window - will make the note harder to counterfeit. ...
New Sir Winston Churchill five pound plastic note enters circulation TOMORROW image
Source : Daily Express [Read Article] Monday 12th of September 2016 04:01:00 PM
.... Initially 440million of the new notes have been printed and will last around five years longer than the old paper notes, featuring prison reformer Elizabeth Fry. The new note is part of a new generation of British cash that is harder to counterfeit. ...
Britain’s biggest cash revolution in decades, all yours for a fiver image
Source : Guardian [Read Article] Friday 9th of September 2016 02:14:59 PM
....Why is it necessary to swap to polymer? What’s wrong with the old notes?. It’s the “cleaner, safer, stronger” argument, plus the fact they are more difficult for counterfeiters to copy. ...
Plastic £5 note featuring Sir Winston Churchill to enter circulation image
Source : Guardian [Read Article] Friday 9th of September 2016 10:42:05 AM
....The old fiver, featuring the prison reformer Elizabeth Fry, can be used in shops until it is withdrawn from circulation in May. The £5 note paves the way for a new generation of security features, making the note even harder to counterfeit. ...

Leader of Isil-allied migrant smuggling ring arrested in Italy
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Source : Telegraph [Read Article] Friday 5th of August 2016 04:45:00 PM
....According to investigators, the group used textile factories owned by the Bangladeshi men in Casandrino and Grumo Nevano as a front to falsify contracts and pay slips in order to provide migrants with the paper trail they needed to apply for stay permits. The racket had become so lucrative the group also set up at least one non-existent business using false invoices so phantom employees could be hired in order to produce the counterfeit work papers. ...

Byron Hamburgers in Holborn closes following immigration swoop protest
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Source : Telegraph [Read Article] Monday 1st of August 2016 10:52:06 PM
....Last week, the Home Office said 35 people from Albania, Brazil, Nepal and Egypt were arrested for immigration offences at a number of restaurants across London following an operation carried out with the "full co-operation" of Byron. The burger business carried out the correct "right-to-work" checks on staff members but had been shown false or counterfeit documentation, and will therefore not face civil penalty action, the Home Office said. ...

Cockroaches, locusts and crickets released into Byron burger restaurants by protesters after immigration swoop
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....Earlier this week, the Home Office said 35 people from Albania, Brazil, Nepal and Egypt were arrested for immigration offences at a number of restaurants across London, following an operation carried out with the "full co-operation" of Byron in July. The burger business carried out the correct "right to work" checks on staff members, but had been shown false or counterfeit documentation, and will therefore not face civil penalty action, the Home Office said. ...

Immigration officials round up dozens of workers at Byron burger restaurants
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....It added that the operation was carried out with the "full co-operation" of Byron earlier this month. The burger business carried out the correct "right to work" checks on staff members, but had been shown false or counterfeit documentation, and will therefore not face civil penalty action, the Home Office said. ...
England's black market hotspots exposed image
Source : BBC [Read Article] Wednesday 13th of July 2016 02:07:47 AM
.... The next most common category was mobile phone accessories, with covers often depicting either products, such as the Apple iPhone, or other famous brands. According to the latest UK Intellectual Property Crime Report, the five main countries of origin for counterfeit goods are China, Hong Kong, Pakistan, India and Turkey. ...
Are grey goods the real deal? image
Source : Guardian [Read Article] Saturday 9th of July 2016 06:00:08 AM
....But buyers need to take care, as Buchwald explains: “Both platforms have taken meaningful steps and invested significantly to focus on legitimate sellers selling authentic goods. However, for a potential buyer I would still consider them as virtual marketplaces: there are black market sellers selling counterfeit products, legitimate brands selling legitimate products, and a grey market where you have authentic products sold by unlicensed resellers. ...

North Korea may have resumed counterfeiting operation
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Source : Telegraph [Read Article] Tuesday 28th of June 2016 05:42:17 AM
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Flash the plastic – Bank of England unveils untearable £5 note image
Source : Guardian [Read Article] Thursday 2nd of June 2016 03:52:16 PM
....The Bank has warned the public that brand new polymer notes can stick together – meaning shoppers could mistakenly hand over two notes instead of one – but said the effect tends to wear off quickly once in use. They are not completely indestructible, nor are they counterfeit-proof, but illegally copying them should be a slower and more costly process. ...
Winston Churchill plastic £5 note ends trail of paper money image
Source : Guardian [Read Article] Thursday 2nd of June 2016 07:30:02 AM
....Manufactured from a transparent plastic film and coated with an ink layer, polymer banknotes are seen as cleaner, more durable and more secure than paper. The material allows the inclusion of clear “windows” to protect against counterfeits. ...
How big tobacco lost its final fight for hearts, lungs and minds image
Source : Guardian [Read Article] Sunday 22nd of May 2016 08:00:37 AM
.... There was no evidence that it would discourage young people from smoking, as the government insisted. Rather, it would encourage the counterfeiting of cigarettes, because non-branded packets would be easier to make, something that would deprive the Treasury of much-needed tax revenues. ...
Powerful software to assist ticket touts widely available online image
Source : Guardian [Read Article] Saturday 21st of May 2016 07:06:45 PM
....net even demonstrates how to use one of its bots in a YouTube video that shows how to get multiple tickets for comedian Kevin Hart at Wembley Arena. And the website offers “PDF copiers”, which can be used to copy the unique barcode on a ticket to produce counterfeit copies. ...
Football and music fans warned over rise in fake ticket sales image
Source : Guardian [Read Article] Friday 20th of May 2016 11:01:17 PM
. Football and music fans are being warned not to fall prey to an increasingly common and highly profitable crime – the sale of counterfeit or non-existent tickets. ...
Alibaba membership of anti-counterfeit group suspended amid conflict claims image
. An anti-counterfeiting group said on Friday it was suspending Alibaba’s membership following an uproar by some companies that view the Chinese e-commerce giant as the world’s largest marketplace for fakes. ...
Apple loses 'iphone' leather goods case in Chinese court image
Source : Guardian [Read Article] Wednesday 4th of May 2016 09:42:54 AM
.... We will take the ‘iphone’ marque to its pinnacle, and together bring more benefit to the community of ‘iphone’ consumers!”. Intellectual property rights have long been a bone of contention between western countries and China, where counterfeiting is rife and the majority of the world’s electronics are manufactured, including Apple’s iPhone. ...
Designer discount fashion site Hardly Ever Worn It opens up A-list luxury to all shoppers image
....”. With such high profile stock and clientele, there was always the risk it could attract hackers and counterfeiters. ...
Royal Mint starts new £1 coin production image
Source : Guardian [Read Article] Thursday 31st of March 2016 07:16:33 AM
....When the coin is introduced, there will be a six-month crossover period with the current and new pound coins both in circulation. The current £1 coin is being replaced for the first time in more than 30 years because it is vulnerable to counterfeiters. ...
Royal Mint starts new £1 coin production image
Source : Guardian [Read Article] Thursday 31st of March 2016 07:16:33 AM
....When the coin is introduced, there will be a six-month crossover period with the current and new pound coins both in circulation. The current £1 coin is being replaced for the first time in more than 30 years because it is vulnerable to counterfeiters. ...
China's Ip Man 3 distributor sanctioned image
Source : BBC [Read Article] Monday 21st of March 2016 08:42:55 AM
....China's film ticket sales overtook North America's in February by almost $250m (£173m), according to Chinese regulators. However, issues such as counterfeiting and ghost screenings have plagued fast-growing China's film industry. ...
HMRC hails huge cut in UK tobacco fraud image
Source : Guardian [Read Article] Saturday 5th of March 2016 08:05:20 PM
....In May last year, a couple from Manchester were jailed for a £3. 8m excise fraud involving more than 25 tonnes of counterfeit hand-rolling tobacco. ...
E-commerce service helps small businesses break into Chinese market image
Source : Guardian [Read Article] Thursday 3rd of March 2016 10:10:06 AM
....“We are bridging a divide – there are different ways of selling in China,” he says. “People prefer to use marketplaces rather than buying directly because of the risk of buying counterfeit products. ...
Paddy Power 'encouraged gambler until he lost his home, jobs and family' image
Source : Guardian [Read Article] Monday 29th of February 2016 07:28:46 PM
....The manager related their suspicions to more senior members of staff on four occasions over six months. But senior staff “repeatedly overruled” the shop manager, saying that as the notes were British currency and were not stained or counterfeit, it was unlikely that the money was being laundered. ...
Criminal links of €500 banknote could spell its demise image
Source : Guardian [Read Article] Friday 12th of February 2016 05:54:57 PM
....31m) was wheeled away in trolleys, the largest-ever cash seizure by Spanish police. The gang, with Gao the alleged ringleader, stands accused of laundering up to €300m a year, as well as selling counterfeit goods and toys with fake safety marks. ...
EU finance ministers call for restrictions on €500 note over crime fears image
Source : Guardian [Read Article] Friday 12th of February 2016 05:05:02 PM
....France has stepped up restrictions on the use of cash, following the “low-cost” terrorist attacks that struck Paris last year. The January 2015 attacks on the satirical magazine Charlie Hebdo and a Jewish supermarket that killed 17 people were funded with cash, earned partly from the sale of counterfeit goods. ...
Lace gloves are off as luxury bridal boutiques blackball home traders image
Source : Guardian [Read Article] Tuesday 26th of January 2016 08:03:10 AM
....The bridal industry faces many challenges, from increasing rents and rates that make it difficult to run a viable “traditional” bridal business, to an influx of cheap products from China and elsewhere making it difficult for quality European suppliers to compete for cash-strapped consumers. There is a growing volume of counterfeit products deluging the market, barely resembling the gowns brides thought they were purchasing online. ...
Revealed: the 50 most creative companies in England image
Source : Telegraph [Read Article] Wednesday 20th of January 2016 05:15:01 AM
.... . Founded by Jacqueline Lam, Dainius Dulinskas and Jonas Simkus in 2014, the company aims to help cut out the counterfeiters and ensure that Chinese consumers get the real thing, every time. ...
EBay: the ultimate guide to avoiding scams, unwanted returns and other pitfalls image
.... . Telegraph Money has received countless letters about eBay fraud - from the sale of counterfeit products to buyers who falsely claim that their items never showed up. ...
Julie Deane on celebrity fans and supporting the self-employed image
Source : Guardian [Read Article] Wednesday 6th of January 2016 08:38:55 AM
.... We have proper manufacturing contracts in place. With the counterfeit websites, we have a company that constantly looks to see who’s out there infringing on our trademarks, and they can get things shut down very quickly. ...
Cash is king for the future, says UK banknote printer De La Rue image
Source : Telegraph [Read Article] Wednesday 30th of December 2015 06:15:49 AM
.... De La Rue designed and produces the current UK passport. “We are generally seen as the leading designer of banknotes and passports but we have to be innovative about the security features we introduce because we are in an arms race with counterfeiters,” he says. ...
Buying fake goods could fund ISIS, Christmas shoppers warned as £56m seized image
Source : Daily Express [Read Article] Monday 21st of December 2015 02:37:00 PM
. More than 1million counterfeit designer handbags, clothes, jewellery, children’s toys and electrical goods with a genuine retail value of £56million have been seized by Border Force officials over the past year. ...
Say goodbye to the round pound as final batch minted image
Source : Daily Express [Read Article] Thursday 17th of December 2015 04:38:00 PM
.... The Royal Mint said that the tenure has been a success with 1983-dated coins found in your change evidence of its durability - the note had a lifespan of just nine months. But the coin is now being replaced in an effort to beat counterfeiters. ...
Royal Mint presses last batch of round £1 coins image
Source : Guardian [Read Article] Thursday 17th of December 2015 11:50:36 AM
....”. While the new coin, which has a gold-coloured outer ring with a silver-coloured centre, will be reminiscent of the pre-decimalisation “threepenny bit”, it will incorporate cutting-edge security features to combat counterfeiters. ...
Parents warned over counterfeit Christmas toys image
Source : Guardian [Read Article] Thursday 17th of December 2015 12:01:03 AM
. Parents are being warned to be on their guard against counterfeit toys this Christmas after tests of seized items revealed some contained harmful levels of chemicals that can cause serious long-term health problems. ...
Last striking of the round pound image
Source : Telegraph [Read Article] Wednesday 16th of December 2015 07:50:44 PM
.... . The Royal Mint has billed the new £1 coin as the "most secure in the world", designed to combat counterfeiting. ...
Warm weather melting millions off winter gear retailers' bottom lines image
Source : Guardian [Read Article] Tuesday 15th of December 2015 07:36:37 PM
....November was the planet’s warmest month on record, in addition to an unusually strong El Niño effect heating up the US and Europe, and the change has carved a chunk out of retailers who rely on the weather for clothing sales. Last year was a banner year for winter coat sales: Canadian jacket-maker Canada Goose became so popular during the late fall and early winter that the company experienced a problem with counterfeiting. ...
Christmas gifts that are most likely to rise in value  image
Source : Telegraph [Read Article] Saturday 12th of December 2015 07:59:54 AM
.... Before we look at our Christmas collectibles, a word of warning. Buying pre-owned items usually means buying from another private individual and, like all areas of collecting, fraud and counterfeits are a danger. ...
Counterfeit Christmas image
Source : BBC [Read Article] Friday 11th of December 2015 09:28:09 PM
. The trade in counterfeit products has moved online, where it can be hard to tell a genuine from a fake. ...
Thousands of euros fished from Danube image
Source : BBC [Read Article] Monday 7th of December 2015 11:10:30 AM
....Police said there were no crimes were recorded in the area and that it was not clear where the money originated. Reports in Austria said officers had first believed the money - made up of €500 and €100 notes - was counterfeit, but they now believe the notes to be genuine. ...
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Vodafone brings mobile money to 15m people without bank acccounts in Ghana image
Source : Telegraph [Read Article] Monday 7th of December 2015 08:54:08 AM
.... . The service, which allows people to send and receive money as simply as sending a text message, has helped to reduce theft and fraud by eliminating exposure to counterfeit notes and insecure money deliveries. ...
Bank of China faces daily fine in US image
Source : BBC [Read Article] Wednesday 2nd of December 2015 12:56:13 AM
....It said it would be violating China's privacy law if it gave the information. The records stem from a 2010 lawsuit by a group of luxury retailers including Gucci and Yves Saint Laurent that sued a group of Chinese companies for allegedly selling counterfeits goods like handbags. ...
Ticket fraud leaves British fans duped out of £1.3m, says report image
Source : Guardian [Read Article] Tuesday 24th of November 2015 07:13:46 AM
....“Buying tickets for major entertainment events takes a lot of planning and organisation and can cost a lot of money” said Detective Chief Inspector Andy Fyfe of City of London police and Action Fraud. “So when people discover they have fallen victim to a fraud – be it through buying tickets that turn out not to exist or are counterfeit – it can be a devastating experience. ...
Fans lose £1.2m to ticket fraud image
Source : BBC [Read Article] Tuesday 24th of November 2015 02:32:16 AM
....Responding to the police statistics, the Society of Ticket Agents & Retailers (STAR) urged fans to look for their kitemark - a padlock with a star in the centre - to verify a ticket seller was genuine. Detective Chief Inspector Andy Fyfe, from the City of London Police, said: "When people discover they have fallen victim to a fraud - be it through purchasing tickets that either don't exist or turn out to be counterfeit - it can be a devastating experience. ...
Is this the end of constant smartphone recharging? image
Source : Telegraph [Read Article] Saturday 21st of November 2015 09:22:36 PM
.... . Dr Hosseini, 32, who has been supported by the Royal Academy of Engineering, claimed the technology could be used to create unfakeable holograms in the battle against counterfeits – a £1. ...
Cash machines reject new 'high roller gold' Chinese banknotes image
Source : Telegraph [Read Article] Friday 13th of November 2015 08:02:14 AM
....net). Residents also complained that supermarkets rejected the bills as counterfeit detection machines consistently sounded alarms when presented with the note, the paper said. ...
US charges four men in 'one of the largest hacking schemes ever' image
Source : Guardian [Read Article] Tuesday 10th of November 2015 09:56:16 PM
....” But, wondered the anonymous confederate, is playing the market really that popular in the US? “It’s like drinking freaking vodka in Russia,” Shalon answered. The vast organization sold counterfeit pharmaceuticals, malware, and ran an elaborate and technical con to bypass checks on illicit debit and credit card transactions in order to shield their customers from the law, disguising criminals giving and receiving payments as wedding dress and pet supply stores. ...
Inside the Bank of England | Jill Treanor and Larry Elliott image
Source : Guardian [Read Article] Tuesday 10th of November 2015 06:00:04 AM
....” This is one of the reasons why her colleague, Cleland is pushing to replace the paper bank note with a smoother, cleaner polymer variety, which will be more resilient and harder to fake. This is all part of Cleland’s job, which, in her words, exists “to maintain public confidence in the physical currency, to make sure we have enough notes of the right denomination of the right quality, to give the public confidence they are genuine and not counterfeit”. ...
Hi-tech backpack that becomes a frontpack invented by British engineer image
Source : Telegraph [Read Article] Monday 2nd of November 2015 09:30:38 AM
...." . Cambridge Satchel has been plagued by counterfeiting issues, with copycats selling cut-price versions of its products. ...

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