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Counterfeit Money in Circulation

February 9, 2018

 

The Royal Newfoundland Constabulary is warning the public of counterfeit Canadian currency being circulated on the Northeast Avalon.


Over the last several days, police have received over 10 complaints of counterfeit $50 and $100 Canadian bills being used at local businesses. In each case, it appears that individuals are removing the security ribbons from $5 bills and gluing it to counterfeit $50 and $100 bills.


In most cases, the $50 and $100 bills are being used to pay for small items at drive-thrus of fast food establishments and other places where transactions are made quickly for low cost items and receiving the change from the business. All business owners and operators should ensure that all employees are thoroughly examining all cash that is being tendered for payment. More information on how to authenticate genuine Canadian currency can be found here: https://www.bankofcanada.ca/banknotes/counterfeit-prevention/


Altering or having possession of counterfeit currency is a serious crime. Anyone who has information on individuals possessing counterfeit money is asked to contact the RNC at 729-8000 or Crime Stoppers at 1-800-222-TIPS (8477). You can now provide information anonymously on the NL Crime Stoppers Website at www.nlcrimestoppers.com.

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