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There are two ways to profit from counterfeiting. One is to purchase a high-value item for resale (or Fencing) and the other is to maximize your change received. Amateur counterfeiters in the US would sometimes frequent racetracks or similar betting venues where large bills were sometimes used for smaller purchases. Buying jewelry was another popular way to convert phony money to real currency. Eventually the detection was improved, as with banks, and security cameras made public exchanges risky.

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15y ago

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