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Informative speech


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Informative speech

  1. 1. <ul><li>Counterfeit { koun-ter-fit]: to imitate or copy, especially with the intent to deceive. </li></ul><ul><li>By: Lidia Rusnac </li></ul>Counterfeit currency Mt. Hood Community College – [Speech 111]
  2. 2. History Mt. Hood Community College – [Speech 111 ] <ul><li>No specific date that tells us when counterfeit currency started being produced </li></ul><ul><li>Traced back all the way to ancient times </li></ul><ul><li>“ as long as there was currency being produced there were counterfeits” </li></ul>
  3. 3. <ul><li>For Coin that was more common in the 1600’s but less common now, they used a technique called “clipping” </li></ul><ul><li>Clipping: the process of clipping off edges of legitimate coins and melting them together to make counterfeits. Stamping them with the denomination of your choice. </li></ul><ul><li>Variety of ways paper counterfeits are made </li></ul><ul><ul><li>Most common is scanning and printing on paper </li></ul></ul><ul><ul><li>Using pieces of other bills to construct a full bill </li></ul></ul>How it’s made Mt. Hood Community College – [Speech 111 ]
  4. 4. Current problems Mt. Hood Community College – [Speech 111] <ul><li>In 2010 alone there were 64.4 million dollars worth of counterfeits in circulation. </li></ul><ul><li>Highest number in 5 years </li></ul><ul><li>Why? Since the downturn in the economy people have become desperate for money </li></ul><ul><li>Counterfeiters mind set: “since I don’t have any money, I’ll just make some” </li></ul><ul><li>Problems likely to persist of get worse until the economy turns around </li></ul>
  5. 5. <ul><li>Similar effect as to if there are to many legitimate bills printed </li></ul><ul><li>The more money being printed and being circulated in the economy the less value it holds </li></ul><ul><li>The more counterfeits being circulated into our economy the more the value of the dollar dilutes, and our dollar becomes less trusted. </li></ul><ul><li>The problem also arises when you find yourself a victim. You have just lost the value that was supposed to be that bill. In this time, every penny counts. </li></ul>How it affects us Mt. Hood Community College – [Course Title]
  6. 6. <ul><li>In the 1600’s the punishment for the production of counterfeits was death. </li></ul><ul><li>It was considered an act of high treason and was treated as a very large crime. </li></ul><ul><li>There were warnings printed on the bills themselves that read “to counterfeit is death” </li></ul><ul><li>Today it is considered a federal felony and if found guilty you could serve up to 15 years in prison </li></ul><ul><li>On top of prison they seize all materials used in the production of the counterfeits. </li></ul>Punishments Mt. Hood Community College – [Course Title]
  7. 7. <ul><li>Federal notes are made with characteristics virtually impossible to re create. </li></ul><ul><li>Things to look for: </li></ul><ul><ul><li>1. Ridges on the Jacket </li></ul></ul><ul><ul><li>2. Rub against paper. Ink never dries so it will smear green when rubbed </li></ul></ul><ul><ul><li>3. Outline of the presidents face on right side when held to light </li></ul></ul><ul><ul><li>4. Security strip on left side. Can be seen when held to light </li></ul></ul><ul><ul><li>5. Color. Darker/Lighter </li></ul></ul><ul><ul><li>6. Texture/Thickness is always skewed. </li></ul></ul><ul><ul><li>If it looks funny, it’s most likely a counterfeit. </li></ul></ul>Detection Mt. Hood Community College – [Course Title]
  8. 8. What to look for Mt. Hood Community College – [Course Title]
  9. 9. <ul><li>Bring it to a bank </li></ul><ul><li>Banks send it to Secret Service and has it examined to try and find the source. </li></ul>What to do with a counterfeit Mt. Hood Community College – [Course Title]
  10. 10. <ul><li> html </li></ul><ul><li> htm </li></ul><ul><li> </li></ul>References Mt. Hood Community College – [Course Title]
  11. 11. <ul><li>Thank you for Listening! </li></ul>The end Mt. Hood Community College – [Course Title]