Spike in fake cash hits Interior

RCMP is asking Interior business communities to be alert after a recent spike of counterfeit money

  • Aug. 12, 2012 8:00 p.m.

The RCMP is asking Interior business communities to be alert after a recent spike of counterfeit money being passed.

Since July 26, RCMP have received 23 complaints where counterfeit currency was either passed or attempted to be passed in the communities of Lake Country, Salmon Arm, Oliver, Osoyoos, Okanagan Falls, Penticton, West Kelowna and Kamloops.

These incidents involve Canadian bank notes in the $20, $50 and $100 denominations from the Canadian Journey Series (2001 – 2006).

“The public, merchants and businesses should always check the security features of the bank note before accepting,” said RCMP spokesperson Cpl. Dan Moskaluk.

The security features to check are: watermark or ghost image, security thread, overall print quality, metallic or holographic strip and puzzle number or see through number.

“The typical modus operandi is for the passer to make an inexpensive purchase and pay with a large denomination, in turn receiving a large percentage of change back in authentic currency, leaving the bogus bill in the till,” said Moskaluk.

For more information on counterfeiting prevention go to the Bank of Canada website at www.bankofcanada.ca/banknotes/counterfeit-prevention/