The Financial Crime Unit of the Integrated Criminal Investigation Division is advising local businesses and citizens of the presence of counterfeit American bills in our area.
Since February 24, there have been at least eight reports of counterfeit American bills in $20, $50 and $100 denominations:
· February 24: Police retrieved five counterfeit $20 American bills from a pharmacy in Halifax that had been used to pay for a purchase on the evening of February 23.
· March 2: Police retrieved one counterfeit $100 American bill from a Halifax bank that had been received by the bank on February 28.
· March 2: Police retrieved 24 counterfeit American bills ($20, $50 and $100) from a payment processing and currency management company in Dartmouth. The company had received the bills from a number of retail and business clients operating in Atlantic Canada.
· March 8: Police received a report from a financial institution in Dartmouth that they had received seven counterfeit $20 American bills.
· March 15: Police retrieved counterfeit American bills from a gas station in Halifax that had been used to pay for a purchase.
· March 16: Police received a report from a Fall River business that a man purchased two prepaid credit cards by using counterfeit $20 American bills on March 13.
· March 20: Police received a report from a Tantallon business that a man had made a transaction at the business using ten counterfeit $20 American bills on March 8.
· March 21: Police received a report from a financial institution in Dartmouth that they had received 20 counterfeit $20 American bills.
Investigators have also been advised of the presence of counterfeit American bills in the Greater Toronto Area, indicating wider circulation of counterfeit currency.
Passing counterfeit money is a crime. Did you know that you will 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
- large window containing metallic symbols and images
- maple leaf border around the large window
- frosted maple leaf window
· American Currency has security features including:
o background colours and large, borderless portrait images
- unique paper made of cotton and linen with randomly distributed red and blue fibers
- off-center portraits without a frame
- colour shifting ink on some notes
- security thread
- 3-D security ribbon on some notes
- 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
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 Halifax Regional Police or Halifax District RCMP at 902-490-5020. Nova Scotia RCMP can also be contacted at 800-803-RCMP (7267) anywhere in Nova Scotia. Should you wish to remain anonymous, you can also contact Nova Scotia Crime Stoppers at 1-800-222-TIPS (8477) or text TIP202 + your message to ‘CRIMES’ (274637) or submit tips by Secure Web Tips at www.crimestoppers.ns.ca. Calls to Crime Stoppers are not taped or traced and if police make an arrest and lay charges based on a tip, callers qualify for a cash award.
Source: Media Release