Which agency investigates counterfeit money?

The Secret Service is the agency responsible for investigating counterfeit money. This function is rooted in its historical role, as the agency was originally established in 1865 to combat the widespread counterfeiting of U.S. currency, which was rampant following the Civil War. The Secret Service has a dual mission: protecting the President and other high-profile individuals, and safeguarding the nation's financial infrastructure, which includes the prevention and investigation of counterfeiting.

Counterfeit money is a serious crime that undermines the economy and financial systems, and the Secret Service has specialized resources and expertise devoted to detecting and investigating these offenses. The agency utilizes advanced technology and collaborative efforts with other law enforcement agencies to tackle counterfeiting effectively.

In contrast, while the FBI is involved in a wide range of criminal investigations, its focus does not primarily lie with counterfeit currency. Customs and Border Protection oversees the enforcement of trade laws and regulations, and the Federal Trade Commission is focused on protecting consumers and ensuring fair competition, rather than handling counterfeit currency. Therefore, the Secret Service is uniquely equipped and designated for this specific type of investigation.