Transaction Search Form: please type in any of the fields below.
Date: April 30, 2024 Tue
Time: 3:51 am
Time: 3:51 am
Results for counterfeit currency
2 results foundAuthor: Kan, Paul Rexton Title: Criminal Sovereighty: Understanding North Korea's Illicit International Activities Summary: North Korea's criminal conduct -- smuggling, trafficking, and counterfeiting -- is well known, but the organization directing it is understudied or overlooked. This report focuses of North Korea's Office #39 as the state apparatus that directs illicit activities to include the manufacture and distribution of illegal drugs, the counterfeiting of U.S. currency, and the manufacture and distribution of counterfeit cigarettes. Details: Carlisle, PA: Strategic Studies Institute, U.S. Army War College, 2010. 36p. Source: Internet Resource Year: 2010 Country: Korea, North URL: Shelf Number: 118408 Keywords: Counterfeit CurrencyDrug Trafficking (North Korea)Illegal CigarettesSmuggling (North Korea) |
Author: Fung, Ben Title: Counterfeit Quality and Verification in a Monetary Exchange Summary: Recent studies on counterfeiting in a monetary search framework show that counterfeiting does not occur in a monetary equilibrium. These findings are inconsistent with the observation that counterfeiting of bank notes has been a serious problem in some countries. In this paper, we show that counterfeiting can exist as an equilibrium outcome in a model in which money is not perfectly recognizable and thus can be counterfeited. A competitive search environment is employed in which sellers post offers and buyers direct their search based on posted offers. When sellers are uninformed about the quality of the money, their offers are pooling and thus buyers can extract rents by using counterfeit money. In this case, counterfeit notes can coexist with genuine notes under certain conditions. We also explicitly model the interaction between sellers' verification decisions and counterfeiters' choices of counterfeit quality. This allows us to better understand how policies can affect counterfeiting. Details: Ottawa: Bank of Canada, 2011. 37p. Source: Internet Resource: Working Paper 2011-4: Accessed July 23, 2015 at: http://www.bankofcanada.ca/wp-content/uploads/2011/02/wp11-4.pdf Year: 2011 Country: Canada URL: http://www.bankofcanada.ca/wp-content/uploads/2011/02/wp11-4.pdf Shelf Number: 136146 Keywords: Counterfeit CurrencyCounterfeitingFinancial Crimes |