NEW GLASGOW – Fake $100 bills have been used at local fast food restaurants within the past week.
Const. Ken MacDonald of the New Glasgow Regional Police Service compares real and counterfeit $100 bills that were recently circulated in the county. Sueann Musick – The News
Const. Ken MacDonald of the New Glasgow Regional Police Services says business owners have been asked to be on the lookout for counterfeit bills by following the Bank of Canada guidelines in identifying fake money.
“We need people to be very conscious about circulation of counterfeit money,” he said, adding that bills were unknowingly accepted by employees of fast food restaurants this past week. “The counterfeit bills lack the security features. It’s difficult to detect right away when money is being exchanged, but there are ways that employers can protect themselves.”
Some of these security features that can identify the bills include metallic stripe, ghost image, dashes, puzzle number, raised ink and a UV feature.
“It’s a counterfeit for sure because it lacks the security features and some things on this are blatant like the feel. Tilt it and looking through, it doesn’t have the security features.”
However, MacDonald added, the bills are on the high end of the counterfeit scale which means business owners need to be extra cautious when accepting cash from customers.
“It’s a sophisticated kind of counterfeit and not something that could be made with a printer, but it’s one of the better ones we’ve seen in our police service, which is why it’s important for us to get the word out.”
He said some businesses are equipped with UV light technology that will show different security features, but even then some of these fake bills are able to pass through without being noticed.
He said this bill is from the Canadian Journey series, which was in circulation from 2001 to 2006. They have enhanced security features, but the Bank of Canada has increased these safeguards even more in its new polymer bills that came into circulation in 2011.
MacDonald said New Glasgow Regional Police have not had any reports of counterfeit polymer bills, but that doesn’t mean that people shouldn’t be aware of all the security features on all bills.
“It all comes down to education and what we are supposed to look for,” he said. “It comes down to looking at the money and knowing the security features. That information can be provided by the Bank of Canada or the New Glasgow Regional Police Services.”
More information can be obtained on the Bank of Canada website atwww.bankofcanada.ca
By The News, New Glasgow