Counterfeit Currency Expert Group Produces Educational Video Targeting the MZ Generation
[Asia Economy, Reporter Kim Eunbyul] The "Counterfeit Currency Expert Group," comprised of counterfeit currency experts from the Bank of Korea, the National Intelligence Service, the Korea Federation of Banks, and major commercial banks, has produced an educational video to help prevent the public from falling victim to counterfeit currency crimes. Targeting the MZ generation, who are familiar with video content, this video features popular singers and TV personalities in a talk show format.
The Counterfeit Currency Expert Group consists of experts from the Bank of Korea, the National Intelligence Service, the Korea Federation of Banks, and commercial banks (Shinhan, Kookmin, Woori, Hana, IBK). The group is actively engaged in a variety of initiatives to prevent the circulation of counterfeit bills.
The educational video series, which consists of three episodes, features singer Yoyomi, who gained fame through "Miss Trot," Seo Eunkwang from the idol group BTOB, and Mexican TV personality Christian Burgos. Together with counterfeit currency experts, they explore the characteristics of counterfeit bills, major incidents, and ways to prevent damage from counterfeit currency.
By visiting the YouTube channel "Counterfeit Currency Expert Group: Wibengers" (www.youtube.com/c/위벤저스), viewers can freely watch this educational video as well as a variety of other content, including guidelines for identifying counterfeit domestic and foreign currency and introductions to major counterfeit currency cases.
Regarding the recent status of counterfeit currency, a Bank of Korea official stated, "Due to the impact of COVID-19, the number of counterfeit bills detected has reached an all-time low. However, counterfeit currency incidents are still occurring, particularly in traditional markets and other places where cash transactions are frequent, so the public should remain vigilant."
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An official from the National Intelligence Service's International Crime Information Center added, "While demand for foreign currency exchange has dropped significantly due to COVID-19, there have still been consistent incidents involving counterfeit bills in Korea, such as the recent detection of 797 counterfeit U.S. dollar notes intended as filming props. We hope this video will become widely known and help prevent the public from falling victim to counterfeit currency."
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