COUNTERFEIT MONEY: Fraud – hidden in your wallet

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By Kotie Geldenhuys
Photos/images courtesy of Unsplash and Pexels

It looks real. It feels real. But it is not.
Counterfeit cash is slipping into cash drawers during daily transactions … quietly, swiftly and often unnoticed, turning ordinary moments into costly mistakes. From street markets to major retailers, fake money is moving and the line between genuine and forged is becoming fainter.

Counterfeiting currency is often viewed as a modern crime, but its origins go back centuries, almost as far as money itself. In the earliest economies, governments issued coins as the primary form of currency. Early European settlers in North America relied heavily on foreign coins, including Spanish, French and British tender, long before a standardised American currency emerged. While coins could be forged using cheaper metals, the process required a level of craftsmanship that limited widespread abuse (Neumann, 2023).

The introduction of paper money was a game-changer. Although easier to produce and circulate, paper currency proved far more vulnerable to counterfeiters.

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[This is only an extract of an article published in Servamus: July 2026. This article is available for purchase.]

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