The Dark Side of Currency: Understanding Counterfeit GBPIntroduction
Counterfeiting has been a concern as old as currency itself. Recently, the prevalence of counterfeit British Pounds (GBP) has raised considerable concerns for both consumers and the financial system. This article explores the intricacies of acquiring counterfeit GBP, the underlying factors for its blood circulation, the effect on the economy, and ways to safeguard oneself from ending up being a victim.
What is Counterfeiting?
Counterfeiting describes the illegal production of currency created to imitate legitimate money. The most frequently counterfeited currency includes banknotes and coins. The Bank of England invests greatly in security functions to secure GBP against counterfeiting