The props trade is just a scam
Scam: Police, retailers and banks secure significantly more counterfeit money
The number of counterfeit money in Germany increased significantly in the first half of the year. The police, retailers and banks secured a good 34,100 so-called flowers. That was 24 percent more than in the second half of 2019, as the Deutsche Bundesbank reported.
In particular, the number of ten and twenty euro counterfeits has increased. "These were mainly simple forgeries without security features," said Bundesbank board member Johannes Beermann. Actually, these fakes are easy to spot. "It even says'movie money'on the front or'prop copy'on the back. "Beermann appealed to people to take a closer look.
The proportion of counterfeit tens and twenties in the total number of flowers rose from 34 percent in the second half of 2019 to 46 percent. Adjusted for so-called movie money, a total of around 23,300 counterfeit banknotes were registered. The 50-euro note is still popular with criminals, accounting for 40 percent of all flowers in the first six months.
The central banks in the euro area have been putting a second series of euro notes with new security features into circulation since 2013. Above all, the transparent portrait window and the emerald number, which changes color when the bill is tilted, should make work more difficult for forgers. The new 100 and 200 euro bills issued last year also have a satellite hologram in which small euro symbols move.
"If nobody pays attention to the security features, even the best security features are useless," said Beermann, referring to Movie Money, which is advertised on the Internet as a prop, among other things. Despite the increase, the risk of coming into contact with counterfeit money in Germany is still very low. "Mathematically, there are around eight false banknotes for every 10,000 inhabitants per year," said Beermann.
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