CHICAGO, Feb. 25, 2011 /PRNewswire/ -- The threat of counterfeit documents and identity theft is increasing. Innovations in lasers and optical scanners have made it easy for counterfeiters to create fraudulent documents, including authentic-looking bank checks among many types of documents. It has become almost impossible for banks and merchants to be able to detect fraudulent bank checks. Additionally, criminals create fraudulent identity documents such as driver's licenses, ID cards, airline boarding passes and much more. At present, criminals can easily create perfect counterfeit documents to suit their many criminal purposes. For example, an original bank check can be scanned by a hand scanner at a check cashing store and a criminal can create thousands of fraudulent bank checks that appear to be perfectly authentic. This is the problem addressed by Thomas R. Chapman's counterfeit document detection system which will be auctioned at ICAP Ocean Tomo's Spring 2011 Live IP Auction in New York on March 31st.
Key Characteristics The patents disclose the following:
Market PotentialThe patents in this lot should be of interest to entities active in banking and related vendors and system integrators, Document Solution providers, AAMVA and related providers, USPS and related providers, and other organizations related to the security of important documents.
To learn more about the assets available for sale in this portfolio:
Contact Dean Becker of ICAP Ocean Tomo at Dean.Becker@us.icap.com
About ICAP Ocean Tomo LLCICAP Ocean Tomo is the intellectual property brokerage division of ICAP and the world's premier patent auction firm.
About ICAPICAP is the world's premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information go to www.icap.com.(1) http://www.troygroup.com/products/printers/document_fraud_prevention.aspx (2) Tseng Chun-chou, Computer & Information Security Services (TIER Industry Report, 2010)(3) http://www.militaryaerospace.com/index/display/article-display/298081/articles/military-aerospace-electronics/online-news/information-security-market-forecast-to-reach-79-billion-by-2010.html
|SOURCE ICAP Ocean Tomo|
Copyright©2010 PR Newswire.
All rights reserved