Who is responsible for stopping counterfeiting?Please be detail and explain and be very specific

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Ashley Kannan | Middle School Teacher | (Level 3) Distinguished Educator

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In general, the government, or a governmental agency, bears the primary responsibility for stopping counterfeiting money.  In America, for example, the United States Secret Service is the body responsible for stopping the counterfeiting of money and this crime falls into their jurisdiction.  In many ways this makes sense because counterfeiting money destabilizes national security in its devaluing of a nationalized currency.  In America, the Secret Service punishes those who are found guilty of counterfeiting under specific laws:

Manufacturing counterfeit United States currency or altering genuine currency to increase its value is a violation of Title 18, Section 471 of the United States Code and is punishable by a fine or imprisonment for up to 15 years, or both.

Possession of counterfeit United States obligations with fraudulent intent is a violation of Title 18, Section 472 of the United States Code and is punishable by a fine or imprisonment for up to 15 years, or both.

Anyone who manufactures a counterfeit U.S. coin in any denomination above five cents is subject to the same penalties as all other counterfeiters. Anyone who alters a genuine coin to increase its numismatic value is in violation of Title 18, Section 331 of the United States Code, which is punishable by a fine or imprisonment for up to five years, or both.

Forging, altering, or trafficking in United States Government checks, bonds or other obligations is a violation of Title 18, Section 510 of the United States Code and is punishable by a fine or imprisonment for up to 10 years, or both.

Printed reproductions, including photographs of paper currency, checks, bonds, postage stamps, revenue stamps, and securities of the United States and foreign governments (except under the conditions previously listed) are violations of Title 18, Section 474 of the United States Code. Violations are punishable by a fine or imprisonment for up to 15 years, or both.

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