Secret Service confirms Sh2bn seized at Barclays Bank was fake - News Summed Up

Secret Service confirms Sh2bn seized at Barclays Bank was fake


The United States Secret Service has confirmed that the Sh2 billion found stashed in a client's safe deposit box at a Barclays Bank branch was fake. In a document filed in court, investigative specialist Gilbert Gunn disclosed that the notes lacked requisite security features. "My examination of the 13,194 specimen notes determined they are counterfeit because they do not contain the authentic security features found in genuine US Federal Reserve notes," said Mr Gunn. THE FEATURESMr Gunn explained that genuine US currency contains red and blue fibres, intaglio printing, typographic printing, a security thread, watermark, colour shifting ink, micro printing, a 3D security ribbon and a colour shifting bell. These features apply to notes printed in 1996 and 2004, he noted.


Source: Daily Nation June 20, 2019 12:56 UTC



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