Terms
Counterfeiting is one of the oldest crimes in history and refers to the unauthorized copying or imitating of an item or currency, which is later, passed on as genuine or original. Crimes of counterfeiting have traditionally involved acts of making, forging, or altering genuine currency.
Counterfeiting can also involve the reproduction of goods such as:
Often through sub-standard production methods, these goods are unlawfully manufactured, distributed, and sold as originals.
Counterfeiting is a Felony Crime
Involvement in any counterfeiting activity for the production or distribution of illegitimate money or goods is a serious felony in the United States. The U.S. Secret Service has exclusive jurisdiction over the investigation of counterfeiting operations.
The Secret Service was actually established for this purpose in 1865. This government agency arrests thousands of people each year for the crime of counterfeiting each year.
Consequences of Counterfeiting
Counterfeiting is a very serious offense. Federal law states that the counterfeiting crime of minting your own currency is punishable by 15 years in prison. If a defendant is convicted of circulating that currency, they can receive an additional 15 years of incarceration.
In addition to jail or prison time, a person convicted of counterfeiting will also face heavy fines, the confiscation of all property related to the crime, restitution, and much more.
Accused of Counterfeiting?
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