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Counterfeit Money Craft Revealed by Secret Service Steps
A feature on Willam Watts known as Counterfeiter No 1, his arrest in Union City New Jersey and the plant found in his apartment. The piece explains how experts at the New York Federal Reserve Bank detect bogus notes by feel color shade thickness and portrait flaws and notes the rise of high quality equipment aiding counterfeiters.
MENTIONED IN THIS ARTICLE
America
William M. Houghton
United States Treasury Department
New York City
Philadelphia
New Jersey
Federal Reserve Bank of
San Francisco
Federal Reserve Banks
Cleveland
Dallas
Watts
William F. Houghton
New York
Ing
Republic National Bank
Bureau of Engraving and Printing
Washington
Federal Reserve Bank
New York Federal Reserve Bank
Federal Reserve Bank of New York
Secret Service
Seaboard