Money Trivia Quiz
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9. A job for the Secret Service
In 1865, the United States formed the Secret Service. What was its purpose?
Your answer — A) To catch those perpetrating fraud against the government — was incorrect.
Counterfeiting was a big problem during the American civil war. It has been estimated that by the time the war was over at least a third of the paper money in circulation was counterfeit. The Americans were by no means alone in their concerns. The English were also zealous in their pursuit of the many who attempted to forge currency, hanging 313 convicted counterfeiters in 1817 alone.
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