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Wednesday, November 21, 2012

RCMP Red Deer City investigates counterfeit American bills


Editor's note: While this story is about counterfeit bills being passed in Red Deer City, local businesses are also reminded that this kind of fraud can easily spread throughout southern Alberta.

Throughout the last month a number of Red Deer businesses have been victimized by individuals passing counterfeit American currency. The bills are taken in payment for items and have been accepted by several Red Deer businesses. The businesses are accepting the bills as legal tender and the fraud is not reported until the money is deposited with the bank.

The counterfeit bills are described:
  • $20, $50 and $100 denominations. 
  • Having a different “feel” then a regular bill.
  • The colours are reversed (green where the bill should be white).
  • The serial number on the bills are the same.
RCMP offer the following tips when dealing with currency:
touch the bill;
  • tilt the bill, looking at the Hologram.  Ensure the number within matches the denomination of the bill;
  • look through the bill.  There are many security features that are visible on real bills;
  • Serial numbers.  No two are the same;
  • colour, ensure it is consistent.
When taking currency as a form of payment, if something looks suspicious on the bill:
  • request alternate bill or form of payment;
  • do not take it as payment;
  • report it to the Police.
For more information about currency and counterfeiting, refer to the Bank of Canada website www.bankofcanada.ca

Investigators ask that anyone with information regarding this crime contact Red Deer City RCMP at 403.343.5575.

If you wish to remain anonymous, call Crime Stoppers at 1.800.222.8477 or report it online at www.tipsubmit.com.  If the information leads to an arrest, tipsters are eligible for a cash reward of up to $2,000.00.

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