NIS Tracks Counterfeit $50 Bills

[Asia Economy Reporter Yoo In-ho] The National Intelligence Service (NIS) has recently begun tracking the distribution routes and backing organizations of counterfeit 50-dollar bills.

In materials distributed on the 27th, the NIS stated, “Although counterfeit 50-dollar bills have not been found domestically, these counterfeit bills are steadily circulating in Asian regions,” and added, “We are proactively disclosing counterfeit bill information to prevent domestic damage.”

The counterfeit bills are evaluated as “supernote-grade” because their design, printing methods, and special inks are almost identical to genuine bills.

The tactile features of the border patterns, portraits, images, and denominations are raised like genuine bills, and the serial number characters show the “ink clumping” characteristic of genuine bills. Hidden strips and microprinting visible under ultraviolet lamps are also identical to those of genuine bills.

The NIS plans to deliver videos containing these counterfeit bill characteristics and identification methods to related organizations such as the Bank of Korea and the Korea Customs Service.

While high-denomination 100-dollar bills are carefully examined for counterfeits by each institution, the NIS believes that counterfeiters targeted 50-dollar supernote-grade bills because they are less suspected and have better profitability.

To prevent damage from counterfeit bills, the NIS advises using official banks rather than personal exchanges through internet communities when exchanging money, using credit cards whenever possible, and keeping exchange receipts, which serve as important evidence in legal disputes caused by counterfeit bills.

This content was produced with the assistance of AI translation services.