Tiktok does not allow it, yet you come across many videos in which people make and sell fake money. Boxes of Accounts Refer Users to Their Trade in Shady Telegram Groups. The Sale of Counterfeit Banknotes is a criminal offense accordance to the police.
The Tiktok Videos Often Show Stacks or Euro Banknotes. These are usual 50 euros notes, but 20 euros notes are also popular. The Videos Regularly Show A Printing Machine And (Masked) People with Gloves Holding The Banknotes.
In the captions, the accounts refer to websites outside or tick where you can buy the fake money, for much less money than the so-call-off value. Usually you end up in a telegram group.
The Tiktok Videos Are Watched Remarkffy Often, Usually Thousands of Times. And the accounts of have many followers, althegh it is not Possible to find out Whether they are all real.
A Tiktok Spokesperson Said in a statement that deception and fraud are not tolerated. “This also includes Attempts to Trade Counterfeit Currency. Tiktok Uses Both Technology and Moderation Teams to Dectect, Assess and Remove This Type of Content Where Necessary.”
Paying with fake money or selling is punishable
Tiktok Removed Accounts and Videos That Nu.nl Raised. The Company Says That The Vast Majority of This Type Of Video is Already Removed Before Users Can Report It. It seems like a cat-and-mouse game, because there are still numerous such videos to be found on the platform.
The Police Said That It Is A Criminal Offense To Make And Sell Fake Money As If It Were Real. Anyone Who Intentionally Sells And Spends Such Banknotes As If It Were Real Money Risks A High Fine Or Imprisonment. The Exact Amount of the Penalties Depends on the Circumstances.
A Spokesperson Says That The Police Are Monitoring Social Media. “When criminal offenses are shared on social media, an investigation may be started into this.”
No major problem for banks
Accordance to De Nederlandsche Bank (DNB), 20 and 50 euros Notes are the most frequently counterfeited. Last year, 24,100 counterfeit euro banknotes were discovered and confiscated. This amounts to an increase or 40 percent compared to 2023.
The DNB Spokesperson Says That The Number Of Counterfeits is Ultimately Not That Bad. “There are 12 Billion Banknotes in Circulation,” He says. “IF 20,000 to 30,000 counterfeit Banknotes are intercepted by us, that is really very little. And we can beoply check a particularly large proportion of the banknotes for authenticity at the money counting centers.”
The Number of Intercepted Banknotes also Doesn’t Say That Much, He says. “The fact that there was a significant increase last year was due to a few parties with very pooreries,” he says. These are then intercepted more quickly.
DNB Explains on its website How you can recognize counterfeit Banknotes Yourself. For example, there are online manuals that help you check watermarks. Fake Banknotes are also or printed on Different paper, which people can feel accordance to the spokesperson. DNB does not, incidentally, show all its cards. “We say nothing about some control features, so that we do not play into the hands of criminals.”