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Secret Service issues warning on counterfeiters

When held up to the light, a watermark

Photo credit: Newsday / Mahala Gaylord | When held up to the light, a watermark of a face is visible on the far right side of a $20 bill, bottom. There is no watermark visible on the counterfeit bill, top. (Dec. 17, 2009)

Counterfeiters, it seems, have their own kind of holiday spirit. Where shoppers see long lines, stressed cashiers and shrinking billfolds, funny money hustlers see opportunity.

U.S. Secret Service agent Michael Seremetis wants to ruin their holiday fun.

From the federal agency's Long Island office in Melville, Seremetis and others catalog and investigate the $40,000 or so in counterfeit...

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