The term refers to counterfeit currency produced using readily available printing technology. This encompasses reproductions of banknotes created with home or office printers, often utilizing paper and ink dissimilar to that used in genuine currency production. An example would be a twenty-dollar bill replicated on standard printer paper using an inkjet printer.
The proliferation of accessible printing technology has led to an increase in the circulation of these fraudulent notes. Their existence poses a significant threat to economic stability by undermining trust in legitimate currency. Historically, counterfeiting was a more specialized crime; however, advancements in technology have democratized the means of production, increasing the potential for widespread dissemination.
The following sections will delve into the methods used to create and detect such items, the legal ramifications associated with their production and distribution, and preventative measures individuals and businesses can implement to mitigate the risks associated with these fraudulent reproductions.