August 27, 2010
Earlier this year we moved our blog-site to our home-domain and began hosting it ourselves.
http://central.fraudfighter.com/fraud-fighter-blog/
Come on over and have a look – we’ve posted 40 articles in the last 4 months!
Sean Trundy – “the” Counterfeit Fraud Fighter & COO, UVeritech, Inc.
November 11, 2009
Many people these days get locked-into the idea that long wave ultra-violet light, such as that utilized by the Fraud-Fighter line of products, is useful only for verifying currency banknotes.
Pennsylvania Driver License
This couldn’t be further from the truth. In fact, UV fluorescent features are present in an amazing array of documents, ranging from official identification documents, to negotiable instruments, government documents, contracts, title documents and more.
Currency is the “big news” item, since so many people hear about and have experience with getting hit by counterfeit money. It is interesting to note that U.S. currency was among the last world currency to get on the band-wagon and add UV features. Much of the world had been using UV security on its currency for years, and even decades.
So, we find that today, the majority of world currencies can be verified using UV technology. However, currency verification is only the “tip of the iceberg” in the realm of UV document authentication. Following is a sample list of items that can be verified using UV:
The above list is not exhaustive, but serves only as an example of the remarkable flexibility of UV as a tool to be used at the point-of-transaction for just about any type of business.
September 22, 2009
The LA Times wrote an interesting article earlier this month about the high-volume of counterfeit US currency being created and distributed out of Peru. You can read the article here: U.S. officials troubled by fake currency flowing from Peru — latimes.com Posted using ShareThis
The U.S. Secret Service has an interesting press release in which they discuss a bust earlier this year. http://www.secretservice.gov/press/GPA04-09_Peru-CFT.pdf Interesting pictures of the equipment they used and the plates.
In discussions with our friends at the Secret Service, we have learned that these advanced notes are nearly undetectable by the naked eye, and that the “currency detector pens” are unable to detect these Peruvian “super notes”.
However, the Peruvian counterfeits do not have a fluorescent UV feature. While the counterfeit notes DO have a security “strip” with accurate micro-printing, the strip does not fluoresce under long-wave UV light.
Our experience has shown that counterfeit notes almost NEVER have a fluorescent feature. When they do, they are typically not accurate.
July 10, 2009
As a lifelong resident of the Great Golden State, it has been very difficult to watch the annual fiasco of our state budget process. This year is truly dismaying, as the state has been forced to issue IOU’s to vendors and others to whom money is owed (more…)
July 8, 2009
One of the most clear-to-follow currency counterfeiting trends in recent years is the widespread growth in the reproduction of fake $100 notes on top of washed $5 bills. As the leading supplier of point-of-sale counterfeit detection products in the United States, I have seen this problem grow to epidemic proportions during 2008 and into 2009. (more…)
May 8, 2009
According to the U.S. Secret Service, card skimming is one of the fastest-growing financial crimes. Card skimming is a common method now used by thieves to steal identification, credit card or debit card data. According to recent research conducted by Unisys Corporation, nearly 75% of Americans believe the recession has increased their chances of becoming victims of identity theft and having criminal hackers and thieves obtain and use their credit or debit card data. (more…)
April 10, 2009
In the fall of 2008, the National Retail Federation (NRF) released results of their third annual “Return Fraud Survey” . There were some very interesting facts to be learned from this survey:
” According to the survey, return fraud continues to plague the industry and will cost retailers an estimated $3.54 billion this holiday season, down slightly from $3.6 billion last year. (Retailers will lose $11.8 billion to return fraud in 2008.) However, retailers seem to be tackling the problem, as return fraud is expected to decrease to 7.5 percent of holiday returns from 8.9 percent last year. (more…)
