Part IV: Financial Fraud · Chip, Cash & Ticket Fraud
Passing Counterfeit Bills at Cage and Tables
How it works
Criminals attempt to pass counterfeit U.S. currency at casino cages and table games, exchanging fake bills for genuine chips. Casinos are attractive targets because they handle large volumes of cash quickly and staff may be less vigilant during busy periods. In 2015 a US Secret Service agent told the Las Vegas Sun that Las Vegas casinos turned over $15,000 to $20,000 a day in counterfeit money to the agency. Counterfeit bills range from crude photocopies to sophisticated replicas, including notes reprinted on bleached genuine currency paper. Criminals often use teams to pass multiple bills across different points simultaneously to overwhelm detection capacity.
Where it appears
Cage buy-in windows, table game buy-ins, slot machine bill acceptors
On the record
In 2015 a US Secret Service agent told the Las Vegas Sun that Las Vegas casinos turned over $15,000 to $20,000 a day in counterfeit money to the agency. FinCEN’s 2012 study of casino suspicious activity reports lists attempts to pass counterfeit bills among examples of fraud against casinos.
Detection & preventionADVISORY
The paid halfHow a monitoring room catches passing counterfeit bills at cage and tables, and what stops it recurring, written for the desk, not the reader.
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Published as a detection reference for surveillance, compliance and gaming-operations professionals. Thresholds and tuning are set by the property. Nothing here is instruction: the method is described so it can be recognised.