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As counterfeiting gets exposed, bars benefit from cash counters

As counterfeiting gets exposed, bars benefit from cash counters

Various businesses can benefit from using cash counters for anti-counterfeiting measures. The machines are particularly useful for restaurants, bars and other food and drink establishments. With many of these places, workers rely heavily on tips to get paid. Getting tipped with fake bills can be demoralizing, but cash counters can mitigate the problem by quickly reviewing what has been received and confirming whether bills are real or counterfeit.

Cash counters aid bartenders in identifying counterfeit bills

One way of educating people, including servers and bartenders, to the dangers of counterfeit money is to use video footage of both the bills in question. Many people never witness counterfeit bills in their lives, so it's often a surprise when it actually happens. More importantly, counterfeits are getting sophisticated to the point that more basic ways of detecting counterfeits, such as using a detector pen and magnets, no longer work. Detecting fakes requires more education and attention to detail.

Recently, a bar owner in Winston-Salem, North Carolina demonstrated what it means to educate people on the perils of counterfeiting. Danielle Bull of Bull's Tavern explained to My Fox 8 that her bartenders received 11 $20 bills one night from a group of people running up a tab. There was only a slight difference between the real bills and the counterfeits, but it was enough to merit attention. Despite passing the main detectors, the bar discovered that the number 20 on the front lower right corner didn't change from green to gold when moved from side to side. As a consequence, the establishment confronted the three people responsible for handing them over the money, but the individuals fled the scene. The bar owner has now created a video on YouTube describing the incident and provided security footage that could help capture the perpetrators.

When the basic methods of detection fail, cash counters become a valuable tool in identifying counterfeits. These machines have multiple sensors to detect even a high-quality fake. For example, a magnetic ink scanner can automatically deduce specific ink levels for a given denomination. So while a $1 bill will give off very little in the way of magnetic ink, a $100 bill will have concentrations in very specific locations. Another component is ultraviolet scanning, which determines the paper type, as well as the way it fluoresces. Having all of these scanners running a bill in less than a second can make it quick and easy to identify fakes and catch criminals.

July 14, 2015