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The Dark Side of Currency: Understanding Counterfeit GBPIntro
Counterfeiting has been a concern as old as currency itself. In current years, the occurrence of counterfeit British Pounds (GBP) has raised considerable issues for both consumers and the monetary system. This short article looks into the intricacies of acquiring counterfeit GBP, the underlying factors for its flow, the effect on the economy, and methods to safeguard oneself from ending up being a victim.
What is Counterfeiting?
Counterfeiting refers to the prohibited production of currency created to mimic legitimate money. The most typically counterfeited currency includes banknotes and coins. The Bank of England invests heavily in security features to safeguard GBP against counterfeiting
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