In Pursuit of a Veteran Forger

Counterfeit money is being produced in an increasingly sophisticated manner. Bank Indonesia is confident that there is none that is perfect.

January 29, 2008

RP644 million worth of bills were piled up in the Surabaya Police Detective’s conference room as if they were worthless. Indeed they were, phony banknotes which were confiscated by police from a house on Jalan Merapi 12, Grogol, Sukohardjo, Central Java, early in December 2007.

Despite the use of only normal paper, police said the money-making technique was convincing enough, as it was able to copy 12 of the 18 safeguard elements found in genu

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