It has been around since humans have tried to fool or imitate certain currency or objects to earn more. Native Americans used to fake certain necklaces valued by colonists and others.They would take a less valuable rock and just dye the rock to imitate the other valuable necklaces and trick the settlers. During the 19th century in the U.S. it was on of the most successful illegal criminal activities at the time. Merchants at the time had to be weary of the money they accepted because of counterfeiting (Baker). The U.S had to face this problem directly but not until after the civil
It has been around since humans have tried to fool or imitate certain currency or objects to earn more. Native Americans used to fake certain necklaces valued by colonists and others.They would take a less valuable rock and just dye the rock to imitate the other valuable necklaces and trick the settlers. During the 19th century in the U.S. it was on of the most successful illegal criminal activities at the time. Merchants at the time had to be weary of the money they accepted because of counterfeiting (Baker). The U.S had to face this problem directly but not until after the civil