Passing Counterfeit Securities of Obligations is a form of financial fraud in which an individual or entity attempts to pass off a forged or counterfeit security as legitimate. These counterfeit securities can be in the form of stocks, bonds, notes, or other investment instruments. The individual or entity involved in the fraud will typically attempt to pass off the forged security as a legitimate investment, in order to obtain a financial gain or benefit. There are several types of Passing Counterfeit Securities of Obligations, including: 1. Forgery: This involves creating a false security using forged documents, such as a stock certificate or bond. 2. Altering: This involves altering existing securities, such as changing the name of the issuer or altering the security’s interest rate. 3. Manufacturing: This involves creating a false security from scratch, such as a fake bond or stock certificate. 4. Distributing: This involves distributing counterfeit securities to investors. 5. Selling: This involves selling counterfeit securities to unsuspecting investors. Passing Counterfeit Securities of Obligations is a serious crime and can result in criminal penalties, including fines and imprisonment. It is important that investors take the necessary steps to ensure that any security they purchase is legitimate.