Final answer:
The statement is False; forgers often forge documents by famous individuals because such items have a higher perceived value and can be more profitable.
Step-by-step explanation:
The statement forgers rarely spend time trying to forge documents by famous people. is False. In fact, forgers often target documents associated with famous individuals because these items can command higher prices on the black market or among collectors. The notoriety of the person associated with the document typically adds to its perceived value, making it a more lucrative target for forgery.
For example, historical figures such as George Washington, Abraham Lincoln, and famous artists like Picasso or Salvador Dali have had their signatures or works forged because their fame increases the value of items associated with them. High-profile cases involve meticulous forgeries that can be difficult to distinguish from authentic pieces, highlighting the sophistication of techniques used by skilled forgers. Therefore, the allure of financial gain is a strong motivator for forgers to focus on famous people's documents.