He was caught between fire and water; he made a superhuman effort, the effort of acounterfeiter of money who is on the point of being boiled, and who seeks to escape.

I cannot think they will help to refine the ragamuffins if they read them, and I'm sure they can do no good to the better class of boys, who through these books are introduced to police courts,counterfeiters' dens, gambling houses, drinking saloons, and all sorts of low life."

This jail was a Noah's ark of the city's crime--there were murderers, "hold-up men" and burglars, embezzlers,counterfeiters and forgers, bigamists, "shoplifters," "confidence men," petty thieves and pickpockets, gamblers and procurers, brawlers, beggars, tramps and drunkards; they were black and white, old and young, Americans and natives of every nation under the sun.

“There's thecounterfeiters,” returned the magistrate, “as they were caught in the act, I think it likely that they’ll be indicted, in which case it’s probable they’ll be tried.”

Despite the numerous arrests of thecounterfeiters and their cohorts in the area, the Department of the Interior and Local Government (DILG) still directed the National Capital Region Police Office (NCRPO) to carry on with its relentless efforts until the last Rectocounterfeiter is put behind bars.

The design of the hologram is critical as thecounterfeiter can replace it with another hologram that looks similar.'

The suspect subsequently told authorities who supplied him with the forged banknotes, prompting police to raid the allegedcounterfeiter's house.

The bottom line, Bruna says, is this: If one product has a seal and one doesn't, which product will acounterfeiter choose to copy?

There is, however, one case where his defense is more than a little controversial: that of the privatecounterfeiter. According to Block, an individualcounterfeiter who creates his own notes commits no real crime because money issued by the government is itself counterfeit, and counterfeiting counterfeit money is analogous to seizing stolen goods from thieves.

From original research on counterfeit traders in emerging markets (especially India and Nigeria),15 the median total cost of production for thecounterfeiter is about 5% of the final sales price (varying between 1% to 30% depending on which product is faked and which country it is sold in; 1% for faking innovator ciprofloxacin in a city like Sao Paolo where it can sell for $100 a treatment, to 30% for faking very cheap chloroquine selling for one dollar in Delhi).

Tarnoff's secondcounterfeiter is David Lewis, a handsome, swashbuckler sort who became a folk hero on the basis of his audacious escapades passing bad money and then breaking out of jail.