As most of you know, I've been following the alleged counterfeit bearer bond story for some time now, since at the minimum it indicates that there is at least a major market for such things, and major players behind their manufacture. But there's another side to this counterfeiting story, and that is the state- or other organization-sponsored counterfeiting of currency, which seems, in India's case, to have reached serious proportions: India looks at the US to check fake currency notes The U.S., as the article notes, has a massive database of counterfeit notes - including photographs - … [Read more...]
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INDIA SEEKS US TECHNOLOGY TO TRACK COUNTERFEITS
June 19, 2012 By Joseph P. Farrell
Filed Under: Bankers Tagged With: bearer bond story, counterfeit currency, counterfeiting, India, INSLAW, P Chidambaram, R K Singh, rupee