Know Your Money

The MGM crime reporter presents Captain George D. Waldron of the New York District of the US Secret Service, who talks about counterfeiting. He recounts one case where the New York area was flooded with counterfeit $10 bills. When the first of those bills was spotted by the bank, it went to the Secret Service for analysis. Beyond noticing the different markings from real bills, they determined any other similarities between subsequent counterfeit bills they came across. They also had to figure out who was an innocent recipient of a bill as opposed who was working as part of the network distributing the bills. They also did a check of the source of the paper, and did a background check on known criminals who had a counterfeiting background. They hoped that piecing together all the evidence gathered would lead them to the head of the counterfeiting ring.