Release of the New $5 US Bill Underscores the Importance of Counterfeit Detection Products

September 21, 2007; 04:47 AM

New York, NY (PRWEB) September 20, 2007 -- The Bureau of Engraving and Printing has just launched the first ever digital debut of the newly designed $5 bill. US currency had remained virtually unchanged since 1928 until the introduction of the newly colored $20 bill entered into circulation in 2003, followed by the $50 and $10 bills. Counterfeit currency production is nothing new, and has been occurring since prior to 1865 when Abraham Lincoln first established the United States Secret Service. The Secret Service was initially conceived of to help combat excessive monetary disorganization caused in large part by the counterfeiting of bank notes. Counterfeiting of bank notes remains a problem to this day, but there are ways to help protect yourself from being victimized by counterfeiters.

One of the easiest ways to protect yourself and your hard earned money against counterfeiting is through education. Visit the iTest University website: http://www.itestcash.com/itest-university.html

Banks and retailers have long understood the need to protect their business through the use of counterfeit detection products, and it is now becoming necessary for consumers to have access to these products as well. The most convenient of which is a counterfeit detecting pen. "Protecting yourself against these thieves should be at the top of your priority list. This counterfeit detector pen is a quick and easy first line of defense," remarks Larry Goddard retired Secret Service agent. Counterfeit detecting pens formulated with a special type of ink that will darken if run across a counterfeit bill.

Travelling abroad may also leave you susceptible to receiving counterfeit cash . To protect against receiving counterfeit money travellers should also take measures to protect themselves against receiving a counterfeit bill. "Because of advances in computers, scanners, photocopiers and laser printers as well as other new technologies readily available to counterfeiters, counterfeit fraud is on the rise world wide and is costing travellers; whether on business or personal travel, billions of dollars each year. Personal knowledge of genuine currency features and vigilance is one way to protect businesses and travellers from this rapidly growing crime." Said Larry Goddard.

Not all countries offer the same kind of accessible education or print money with the imbedded security features found in American bills. Carrying a counterfeit detecting pen is your best defence when abroad, and will help ensure you enjoy your vacation that way you should.

About iTestCash.com:
ITest was established to make it easy for everyone from travelers, small business owners and individual consumers to guard against the growing problems of currency counterfeiting and property theft. We are proud to offer this original counterfeit detection formula, exclusively manufactured for iTest, along with Detector lamps, CFD and UV Light and Universal Portable Counterfeit Detectors, to protect your valuables.

About Larry Goddard:
Larry Goddard possesses the knowledge, experience and judgement required to have served as a United States Secret for over 10 years. With experience handling cases concerning fraud, embezzlement as well as conducting numerous undercover operations investigating illegal drug trafficking. Mr. Goddard was involved with the successful prosecution of a $32 million government agency fraud case and had the pleasure of being assigned to protect four America Presidents and numerous heads of state in over 30 countries. Larry was the Course Director and Lead Instructor at the Secret Service Academy and held top secret and Q clearances.