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Swiss authorities question U.S. counterfeiting charges against North Korea

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-22-07 07:53 PM
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Swiss authorities question U.S. counterfeiting charges against North Korea
http://www.realcities.com/mld/krwashington/17264993.htm

Swiss authorities question U.S. counterfeiting charges against North Korea
By Kevin G. Hall
McClatchy Newspapers


WASHINGTON - Swiss police who closely monitor the circulation of counterfeit currency have challenged the Bush administration's assertions that North Korea is manufacturing fake American $100 bills.

President Bush has accused North Korea of making and circulating the false bills, so perfect they're called supernotes, and in late 2005 the U.S. Treasury took measures to block that country's access to international banking. North Korea subsequently halted negotiations over dismantling its nuclear weapons program, a process that remains in limbo because of the dispute.

The Swiss federal criminal police, in a report released Monday, expresses serious doubt that North Korea is capable of manufacturing the fake bills, which it said were superior to real ones.

The Swiss report includes color enlargements that show the differences between genuine bills and counterfeit supernotes. The supernotes are identical to U.S. banknotes except for added distinguishing marks, which can be detected only with a magnifying glass. In addition, under ultraviolet or infrared light, stripes appear or the serial numbers disappear on the supernotes.

The Bundeskriminalpolizei didn't hazard a guess as to who's been manufacturing the supernotes, but said experts agreed that the counterfeits weren't the work of an individual but of a government or governmental organization.

The U.S. Secret Service, the lead federal agency in combating counterfeiters, declined to provide details or respond to the Swiss report. But spokesman Eric Zahren said the agency stood by its allegations against Pyongyang.

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