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Foreign News
October 22, 1923
The Bismarck Tribune
Bismarck, Mandan, Burleigh County, Morton County, North Dakota
What is this article about?
Central European counterfeiters, lured by high US dollar exchange rates, alter $2 bills into $200 fakes. Budapest police uncover distribution scheme; press likely in Warsaw. Fakes detected in 16 European towns.
Clipping
OCR Quality
98%
Excellent
Full Text
EUROPEAN COUNTERFEITERS
ACTIVE
Budapest, Oct. 22. Tempted by the high rate of exchange for American money the counterfeiters in central Europe are concentrating their talents on the dollar. The Budapest police have discovered a wholesale scheme for the distribution of genuine two dollar notes which have been cleverly transformed into two hundred dollar notes. The press that produces this transformation is supposed to be in Warsaw. Counterfeits of this sort have been found in 16 different European towns.
ACTIVE
Budapest, Oct. 22. Tempted by the high rate of exchange for American money the counterfeiters in central Europe are concentrating their talents on the dollar. The Budapest police have discovered a wholesale scheme for the distribution of genuine two dollar notes which have been cleverly transformed into two hundred dollar notes. The press that produces this transformation is supposed to be in Warsaw. Counterfeits of this sort have been found in 16 different European towns.
What sub-type of article is it?
Economic
What keywords are associated?
Counterfeiters
Central Europe
Dollar Bills
Budapest Police
Warsaw Press
Currency Transformation
Where did it happen?
Budapest
Foreign News Details
Primary Location
Budapest
Event Date
Oct. 22
Outcome
counterfeits found in 16 different european towns
Event Details
Tempted by the high rate of exchange for American money, counterfeiters in central Europe are concentrating on the dollar. Budapest police discovered a wholesale scheme for distributing genuine two dollar notes transformed into two hundred dollar notes, with the press supposed to be in Warsaw.