Police investigate counterfeit bills in capital area

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Yolande Gallante checks out the security points of the new $20 polymer bank note that is now in circulation. Police in the Charlottetown area are investigating the circulation of poor quality counterfeit $100 bills.

Police in the greater Charlottetown area are investigating the tendering of very poor quality counterfeit $100 bills.

Stratford RCMP and Charlottetown Police Services both issued news releases to that effect on Thursday.

Consumers and retailers are asked to ensure they authenticate currency before accepting and report any suspicious bills to police.

Merchants and members of the public should routinely check bank notes for security features, both to protect themselves against loss and to prevent counterfeit bills from remaining in circulation.

Look for two or more security features by touching, tilting and by holding the bill up to the light or comparing it to a bill known to be authentic. Also, check the serial numbers and report any suspicious bills to police.

Charlottetown residents are asked to call city police at 629-4172 if they have any information regarding the counterfeit bills while anyone can call in tips to P.E.I. Crime Stoppers at 1-800-222-TIPS.

If business owners would like more information about recognizing counterfeit bills, they are encouraged to visit the Bank of Canada website for more information and instructions for themselves and staff: http://www.bankofcanada.ca/banknotes/counterfeit-prevention/

Organizations: RCMP and Charlottetown Police Services, Bank of Canada

Geographic location: Charlottetown

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Recent comments

  • Bob Macdonald
    December 14, 2012 - 18:27

    I agree with the comment "Which bills are counterfeit? the new or old ones?" Kinda of like when the Guardian would post a story about how the police department is seeking someone but failed to post the picture or video so people could actually help. They pretty much do that now all the time but should do it on stories like this as well. It's good that they are trying to get this information out in the public domain but they actually failed in the execution.

  • Question
    December 13, 2012 - 15:46

    Which bills are counterfeit? The new or old ones?