Thursday, December 30, 2010

Printer quality

You can buy an awfully nice printer at a pretty low price these days—sometimes for just a few dollars more a replacement ink cartridge.  When you consider the quality of the output compared to just a few years ago, this has got to be one of the consumer products with the most improved cost/quality ratio.

The proliferation of good inexpensive printers must be a nightmare for retailers and for the United States Secret Service.  Counterfeit currency has become much more common in recent years.  I started thinking about this after our most recent counterfeiting case.  Back in the days, counterfeiting was a rare but sophisticated operation.   In my rookie recollections, the appearance of a counterfeit bill in Lincoln resulted in a visit to LPD headquarters by men in dark suits.  Counterfeiters were portrayed in the movies as master artisans who labored over engraving plates wearing jeweler’s loupes and green eyeshades.

This all changed with the color photocopier, but has really taken off with the improvement in inkjet and color laser printers.  This week’s case is number 90 of 2010.  It has been slowly edging up beginning in the late 1990’s.  In researching the numbers this morning, I noted that we had a whopping two counterfeit cases in 1994--my first year as chief.  I also noticed that in the mid-1990’s we had quite a spurt in counterfeit traveler’s checks.  There’s a quaint financial device from a bygone era.  I wonder if there even is such a thing these days, and if so, would a clerk even know what to do if I presented one?

Interestingly, counterfeit bills turn up in Lincoln in virtually all denominations.  On December 17, we collected three $1.00 bills from a customer who used one to buy a drink at Sonic.  My favorite counterfeit bill case, however, dates from 2000 (case number A0-008940).  The suspect used counterfeit bills to post his bond at jail.

13 comments:

Anonymous said...

You gotta be pretty desperate to counterfeit $1 bills to by a drink at Sonic. Hope they counterfeited a few pennies for the sales tax...

256

Steve said...

256

I'm not sure "pretty desperate" is the proper description. I think more like "pretty stupid" fits better. By the time you pay for the paper and ink costs, then cut the bills, then wash or otherwise crumple the paper so it looks used and more like a circulated bill, you'd probably have more overhead than the bills were worth at $1 a piece. By the way, what are these "pennies" you mentioned?

Anonymous said...

Chief,
There was a rumor floating around the Internet a few months ago about a vast international conspiracy. The gist of the rumor was that tons of the World's GOLD ingots had been replaced with GOLD plated ingots of Tungsten by an International gang of criminals. Evidently GOLD and TUNGSTEN are almost identical in density and electrical conductivity so it requires very sophisticated procedures to tell the difference. I was just wondering if there was any news in the pipeline about this in your circles?

Gun Nut

Anonymous said...

Steve-Pennies are those little round copper things that cost 3 cents(pennies) to manufacture.

I think I used to trade five of them for a bottle of pop and 25 of them for entry to a theater so I could watch the latest western movie.

Nowadays, I have a bunch of them in a jar since they won't buy much. Ask your Grandpa. He'll remember.

256

ARRRRG!!!! said...

I run into some of that counterfeit money sometimes. It's delicious.

Anonymous said...

Getting paper that is reasonably-convincing would be one of the biggest challenges. I agree on the "pennies"; striking coins, especially well-done fakes, is a whole other kettle of fish

Valerie Oakleaf said...

LOL @ 256 and Steve. You two are funny!
I work in a liquor store and have frequently said that if someone was good counterfeiting the $1 bill would be the way to go. No one EVER checks those. (Well, except for Sonic, obviously)
~V~

Steve said...

Val

Good point: the higher the bills' value, the higher the scrutiny it receives.

Still, you have to weigh the costs and risks against the benefits. My guess is that the penalty for counterfeiting is the same regadless of the bill denomination. The charges/penalty may vary with the total amount of money one tried to pass, but that simply means you'd have to face the risk of being caught many more times with a one dollar bill than you would with larger bills to get the same benefit.

Valerie Oakleaf said...

Steve,
Good point, yourself! I've often thought that any idiot trying to pass fake money needs to be slapped pretty hard regardless of the denomination. It's hard enough to make enough money these days without someone scamming you with counterfeit currency!
Happy New Year!
~V~

mikey said...

so chief? is the red9 the new drain on the resources now?... if I was told correct 22 cop cars on new years eve? can you assist us with the details of the event that took place and the effect on red9 as a liquor license establishment?

thanks
mikey

Tom Casady said...

mikey-

Yes, at least this past weekend. Twenty-two sounds a little high, given all the other stuff occurring elsewhere at the same time, but it's possible that there was a brief peak of that magnitude until things were stabilized. I'll blog about it tomorrow.

Anonymous said...

Chief,

Any comment supporting your Officer's actions with the crossbow/youtube case?

Tom Casady said...

6:01-

I've communicated with both of the officers privately. As for public comment, 'nuff said.