The problem was, Kuhl and his partners couldn’t make a deal with anyone. It wasn’t for lack of trying—a sale brokered by a criminal-minded former cop fell through, and another transaction with a supposed buyer in Majorca fizzled.Making counterfeit bills on spec sounds like a quick way to get caught.
Seated at the café across from the cathedral that afternoon, Kuhl handed Falkenthal a note with a price for this new order: 533,000 euros for the $6.5 million in counterfeits. She agreed. Then they decided to make the handoff the next day at his studio. Kuhl also told Falkenthal that to ensure his safety he would have someone nearby during the exchange, just to be sure the handover went smoothly. “I have no choice,” he said, “even though I basically trust you.”Maybe this is why I'm not a master criminal, but why structure the transaction this way? She comes by his place all the time, structure the transaction over 10 visits. Each time she leaves with $600k in a box or something? That way there's no real reason to worry about someone just killing you or stealing the money or whatever.
Then there was the problem of the huge amount of wastepaper that piled up around the studio—an unavoidable result of the printing and cutting process, made worse by Kuhl’s perfectionism and suboptimal gear. There was far too much paper to simply shred and recycle or throw away, and to destroy it in an acid bath would have required expensive industrial-scale equipment. He couldn’t burn it, either; a tower of smoke would have drawn the fire department. So Kuhl decided to bag the shreddings and take them to an incineration facility.*blink* Unbelievably stupid. Of course, if he were smart we'd never hear about it.
...
Investigators set about unpacking the garbage bags and, using glue sticks, meticulously piecing together the shreddings. Within hours they found a scrap of paper in one of the bags with Kuhl’s name on it, and before long they had an envelope printed with his address.
kenko: They convinced the world to take pieces of paper instead of real money.The fact that it is composed of gold and silver, which have been widely accepted as money throughout recorded history?
And what, exactly, is "real money"? Is there something about, say, electrum that makes it inherently money?
dances_with_sneetches: I'm surprised forgers don't make rookie Honus Wagner cards. ($300,000) Or, maybe they do.Bogus Rembrandt sketches are much easier, I'd guess.
zippy: Am I simply a cynic for thinking that the details on how to perfect notes are false? The UV-cured ink in particular.Bill anti-forgery innovations are well-documented, and with good reason: if the innovation is secret, the bills will spread undetected.
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I am reminded of the hand-drawn "Boggs notes" of JSG Boggs. Though not as realistic, nor intended to be duplicates of real money, the level of detail achieved by drawing is mind boggling. The coolest part of his art is that he tries to use them to pay for things. He, too, has had run-ins with the law.
posted by mondo dentro at 7:08 AM on July 4, 2012 [3 favorites]