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When most people take into account the United States Secret Service, they typically consider one issue; the security of the President, along with totally different designated officers. While providing security for just a few of probably the most extreme profile political figures on the planet is probably going one of many Secret Service's principal obligations, they do have one totally different main obligation that many people mustn't aware of; suppressing the counterfeiting of U.S. international cash.
The Secret Service was created on July 5, 1865 in Washington, D.C as a result of the "Secret Service Division" of the Department of the Treasury with a goal to help stop the counterfeiting of U.S. international cash. The counterfeiting of international cash was widespread after the Civil War, with a reported one third of the international cash that was circulated on the time being counterfeit. Prior to the creation of the Secret Service, there have been solely three totally different federal regulation corporations; the United States Park Police, the U.S. Post Office Department's Office of Instructions and Mail Depredations, and the U.S. Marshals Service.
It was solely after the U.S. Marshals Service realized that they didn't have adequate people to have the flexibility to look at all crime that was beneath federal jurisdiction, that the Secret Service began to investigate non-counterfeiting related crimes in 1867. These crimes included investigations into the Ku Klux Klan, smugglers, people who devoted mail fraud and totally different federal crimes.
In 1894, the Secret Service began part-time security of then President Grover Cleveland, though it was in an informal functionality. The assassination of President William McKinley in 1901 prompted Congress to request Secret Service security of U.S. Presidents, and in 1902, the Secret Service assumed full-time security of the President.
The obligation of full-time security of the President and totally different extreme profile figures hasn't stopped the Secret Service from it is unique duties of stopping the counterfeiting of foreign money though. Last week as an illustration, the Secret Service pulled off their largest counterfeiting bust throughout the firm's historic previous. Agents in Peru seized an estimated $30 million in counterfeit money that was piled up in houses and home buildings throughout the nation's capital of Lima.
The operation, nicknamed "Operation Sunset," took two years to tug off. The Secret Service labored with 1,500 Peruvian nationwide cops all through the raids, and 40 people have been arrested in consequence.
So the following time you take into account the Secret Service, don't forget that they aren't solely defending the President, nonetheless they're moreover stopping in opposition to the counterfeiting of international cash as successfully.
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