Posted:
The Financial Crime Unit of the Integrated Criminal Investigation Division is advising local businesses and citizens of the presence of counterfeit Canadian bills in our area.
On July 5, police retrieved a counterfeit $100 Canadian bill from a clothing store on Spring Garden Road in Halifax that had been used to pay for a purchase sometime during the day of July 2.
Passing counterfeit money is a crime and may not be reimbursed if you unknowingly accept a counterfeit bill? Don’t become a victim - always check the security features in bank notes before accepting them:
• Canada’s polymer bank notes have advanced security features that are easy to use and difficult to counterfeit. They can be found on the front and back of these bills:
o raised ink on the front
o large window containing metallic symbols and images
o maple leaf border around the large window
o frosted maple leaf window
• American Currency has security features including:
o background colours and large, borderless portrait images
o unique paper made of cotton and linen with randomly distributed red and blue fibers
o off-center portraits without a frame
o watermark
o colour shifting ink on some notes
o security thread
o 3-D security ribbon on some notes
o serial numbers that correspond with a specific year
You can also learn how to check bank notes by visiting the Bank of Canada’s website:
• Canadian currency: http://www.bankofcanada.ca/banknotes/bank-note-series/polymer/security-features
• American currency: http://www.bankofcanada.ca/wp-content/uploads/2015/03/know-your-money.pdf or https://www.uscurrency.gov/resource-center
You don't have to accept a bill you suspect is counterfeit. If you think you've received a counterfeit bill or if someone attempts to use a bill that appears to be counterfeit, contact police at 902-490-5020.
GO#17-98618