Pennsylvania says 4 men paid Target and Kohl’s with fake bills, then returned goods for at least $12,436 in real cash

According to a press release covered by WXPI Channel 11, they profited at least $12,436 through the scheme. They are alleged to have gone to stores across 16 counties in Pennsylvania.

The men haven’t been arrested yet. The investigation into the alleged crimes includes the U.S. Secret Service, along with state police and police departments across municipalities.

How the government identifies counterfeit currency

It might come as a surprise to find out that the Secret Service played a part in a counterfeiting investigation. Today, they’re most commonly known for protecting people like current and former presidents, vice presidents and their families.

But the Secret Service was actually founded in 1865 to combat counterfeit currency. At the time, nearly a third of all money in circulation in the U.S. was counterfeit. The agency only began protecting presidents after the assassination of President McKinley in 1901.

These days, you’re far less likely to ever run into a counterfeit bill. The Federal Reserve estimates that about $15 to $30 million in counterfeit bills are in circulation, out of $2.3 trillion in total circulating cash.

The government uses a wide variety of security features on bills to make them harder to counterfeit (and easier for counterfeits to be detected).

Currency production is split between the U.S. Mint, which handles coins, and the Bureau of Engraving and Printing (BEP), which handles paper currency. The BEP has designed a large number of security features, including ink that changes color depending on the viewing angle and textured printing.

Bills are periodically redesigned with new security features. The BEP is currently preparing a series of redesigns for most U.S. bills (except the $1 and $2 bills). The first new bill will be the $10 bill. Production on the new $10 bill was announced to start in 2026, though the new design has not yet been unveiled.