Fake Money Distribution Statistics

In the following blog post at https://gitnux.org/fake-money-distribution/, we explore a range of eye-opening statistics surrounding counterfeit currency across the globe. From the prevalence of counterfeit notes in circulation to the significant financial impact of fake money trade, these insights shed light on the pervasive issue of counterfeiting in various economies.

Statistic 1

"60% of businesses report that they have become victims of counterfeit fraud in the past two years, according to a recent survey by Bottomline Technologies."

Statistic 2

"1 in 4,000 in circulation in the U.S. are counterfeit notes."

Statistic 3

"In 2019 alone, over 100,000 counterfeit bills were detected in Russia."

Statistic 4

"In the year 2015, the United States Secret Service recovered $58 million in counterfeit notes."

Statistic 5

"In 2018 alone, European Central Bank pulled around 563,000 counterfeit euro banknotes from circulation, which represents a 19.7% decrease compared to 2017."

Statistic 6

"Of all counterfeit Euros, 80% were €20 and €50 notes in 2019."

Statistic 7

"In 2015, a record $658 million of counterfeit money was in circulation worldwide."

Statistic 8

"In the United States, typically 60% of counterfeit money recovers from law enforcement happens during arrests."

Statistic 9

"According to OECD reports, fake currency contributes to over $250 billion of fake goods sold worldwide annually."

Statistic 10

"On average, an estimated 0.01% of all Pound Sterling notes are counterfeit, according to Bank of England."

Statistic 11

"According to U.S. Federal Reserve, less than 0.01% of currency in circulation is counterfeit."

Statistic 12

"The $20 bill is the most commonly counterfeited banknote in the U.S., while in overseas it is the $100 bill."

Statistic 13

"In 20 years, the quantity of counterfeit U.S. dollars has surged 1,700 percent."

Statistic 14

"In 2018, there was roughly 640,000 counterfeit Euro banknotes withdrawn from circulation."

Statistic 15

"China is the world's leading producer of counterfeit money, responsible for nearly 46% of all counterfeit currency production as of 2012."

Statistic 16

"In the U.S., about 1 in 10,000 notes are counterfeit, according to the United States Department of the Treasury."

Statistic 17

"In Canada, out of the more than $61 billion dollars in circulation in 2018, only about $2.3 million dollars were reported as counterfeit."

Statistic 18

"The face value of counterfeits detected in circulation globally was over €31 million in 2019."

The data presented paints a concerning picture of the prevalence and impact of counterfeit money distribution across the globe. With businesses experiencing significant losses due to counterfeit fraud, and various countries detecting large quantities of fake currency in circulation, it is evident that counterfeit money remains a persistent issue. The statistics highlight the need for continued vigilance and proactive measures by law enforcement agencies and financial institutions to combat the production and circulation of fake currency. The substantial amounts recovered and withdrawn, combined with the rise in counterfeit U.S. dollars over the years, underscore the complexities and challenges associated with tackling this illicit activity.