HSI investigates more than 400 hundred federal laws to include those that involve fraudulent documents. The impact of these efforts is difficult to measure due to the covert nature of the crimes, but in February 2013, a Los Angeles document counterfeiter agreed to the forfeiture of $1.9 million in illicitly derived proceeds to the United States. Operation Genesius empowers manufacturers to communicate directly with HSI on suspicious access attempts. By participating in Operation Genesius, TROY will help identify fraud rings that attempt to procure these specialized technologies.
TROY security printing solutions are widely used in government agencies, educational institutions, banks and other financial institutions to print checks, birth certificates, transcripts and other official vital records documents. Under a proactive agreement, TROY will incorporate Operation Genesius Best Practices to monitor orders for suspicious activity, and report these leads to HSI. In TROY’s case, such illicit activity might include attempts to obtain printers, security toner, TROY Laser Indelible Solution™ or other specialized paper for fraudulent purposes.
TROY already incorporates other best practices recommended by Operation Genesius such as:
- Retention of all transactions, for both domestic and international customers; and
- Careful evaluation of each new customer order to determine legitimacy
- Additionally, TROY will begin to notify HSI if a potentially fraudulent order is identified.
- TROY will be permitted to use the Operation Genesius official seal and banner, publicly signifying ongoing cooperation with law enforcement.
Larry Landtiser, Executive Vice President and General Manager, TROY Group, Inc. said, “TROY is very proud of this distinct honor. We are actively participating in protecting the United States and other countries as well as performing a valuable public service. We take our corporate citizenship very seriously. Since we are in a position to proactively detect those who might be attempting to commit document fraud, we plan to diligently participate in the HSI program for the benefit of society as a whole.”
