A dangerous game and one too often successfully perpetrated, is the
raising of bank bills from a lower to a higher denomination.
Counterfeiters and forgers have often been detected making ten bills
of nine by the following operation:
A counterfeit one hundred-dollar bank note is cut into ten pieces; one
of these pieces is pasted into a genuine bill, cutting out a piece of
the genuine of the same size. In pasting nine genuine bills in this
manner nine pieces are obtained, which, with one piece of counterfeit,
will make a tenth bill, which is the profit. This operation is not a
very successful one, as the difference between the counterfeit and the
genuine will be very evident to any one who examines closely.
Every business man should know how to detect altered bank bills, and a
close scrutiny of all money offered, bearing in mind the suggestions
here made, will prove a safeguard. Bank notes are sometimes altered by
raising from lower to higher denominations, or replacing name of
broken bank by name of good one. This is done either by erasing words
and printing others in their place, or by pasting on the original bill
a piece of counterfeit work or a piece taken from some genuine bill.
If the former, the new counterfeit piece will always differ from the
surrounding genuine work. If the latter, the fraud will be revealed by
holding the bill up to the light, when the portion pasted will look
darker than the surrounding portions.
Another method employed is to cut ten-dollar bills in halves, also
five-dollar bills, then join them, and raise the five part to a ten by
the blue paper dodge. This bill can be successfully worked off in a
roll of other bills, owing to the workmanship, and sometimes a gang
will visit a certain locality and flood it with doctored bills.
Fifty-dollar bills have been often raised from a ten. This fraud is
generally neatly executed, and is well calculated to deceive the
unsuspecting, and a banker, in hurriedly counting money, is liable to
be taken in on one of these.
A recent scheme to defraud with raised bills is to raise a two-dollar
bill to a five. In order to accomplish this feat rascals cut out the
figure five in the left-hand corner of a "V" and paste it over the
figure "2" in the upper right-hand corner of the two-dollar bill. The
pasting is done so neatly that not one person in a hundred, or even a
thousand, unless an expert, would notice the difference. The very
small $2 marks in the scr
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