After a great couple of weeks exploring Peru – Machu Picchu, Lake Titicaca, etc. – we’re back in Lima. As we slow down for a few days I thought I’d get a quick and easy blog post up. More detailed posts about our recent adventures are in the works and coming soon!
Counterfeit currency is everywhere here and I thought it would be fun to show you one of the counterfeit bills we’ve received and how to identify them.
We haven’t been checking notes we receive very closely, so we got suckered! We received this counterfeit 20 Sole note somewhere along the way, either as change from a purchase, or possibly from an ATM. Since the counterfeit notes can be purchased for 25% of face value, the crooked businesses that buy them and pass them off to unsuspecting tourists as change have quite a high profit margin – if they don’t get caught! We first realized that we had a counterfeit when we tried to buy lunch and the shop rejected the note. Bummer!
Here’s another video about a counterfeiting “bust” in Lima:
And a Guardian story about counterfeiting in Peru.
Here’s a video about the security features in U.S. currency: