This Day in History
The Money Game


On a day like today in 1944…

Counterfeiting declined during World War II, and the previous yearly average of $1 million in counterfeit notes fell close to $50,000. However, counterfeit stamps for war rationing became a prevalent fraudulent activity. And due to the large amount of Government checks being issued each day, the thefts and forgeries of Government checks and war bonds rose significantly.

When the Allies marched into Germany, they discovered a great international counterfeit threat. In Zipf, Austria, American soldiers discovered a huge plant and captured close to $100 million in counterfeit British notes. No trace of American money was found; however, it is believed that some backs of American currency had been made during the Nazi efforts. Allied forces found that Nazi concentration camp prisoners had been forced to print the bogus British and American bills. At the end of the war, a former employee of the U.S. Secret Service, then Lt. Col. George J. McNally, and Scotland Yard’s Inspector Reeves pieced together the Nazi’s counterfeit story of how the concentration camp inmates produced the bogus bills.





June's Archived Features:

Saturday June 1, 2019
Sunday June 2, 2019
Monday June 3, 2019
Tuesday June 4, 2019
Wednesday June 5, 2019
Thursday June 6, 2019
Friday June 7, 2019
Saturday June 8, 2019
Sunday June 9, 2019
Monday June 10, 2019
Tuesday June 11, 2019
Wednesday June 12, 2019
Thursday June 13, 2019
Friday June 14, 2019
Saturday June 15, 2019
Sunday June 16, 2019
Monday June 17, 2019
Tuesday June 18, 2019
Wednesday June 19, 2019
Thursday June 20, 2019
Friday June 21, 2019
Saturday June 22, 2019
Sunday June 23, 2019

 

 

 
All illustrations by Mort Künstler. Text by Michael Aubrecht, Dee Brown, Henry Steele Commager, Rod Gragg, Mort Künstler, Edward Lengel, James McPherson, and James I. Robertson, Jr. - Copyright © 2001-2019. All Rights Reserved. No part of the contents of this web site may be reproduced or utilized in any form by any means without written consent of the artist.