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Media


 
Press Releases

PRESS RELEASE

Media Relations Dept.
Police Headquarters
P.O. Box HM 530
Tel: (441) 299-4249/4291/4321
Fax: (441) 299-4322
E-mail: Police Media Relations


 
Date:Tuesday, October 18,2011
Distribution: All Media

Local Businesses Advised To Be Vigilant For Counterfeit Currency

There continues to be a noticeable amount of counterfeit Bermuda currency currently in circulation, particularly $100 and $50 notes.

Local merchants in particular are once again reminded to ensure that their employees are aware of the importance of taking a few seconds to scrutinize the money they are taking in, especially the larger denominations. If counterfeit cash is detected during a transaction, staff receiving the fake money should hold on to it, note the description of the individual who tendered it and contact police immediately.

The public is similarly encouraged to remain vigilant regarding counterfeit currency. The counterfeit Bermuda notes currently being passed are the older notes – not the new ones.

To distinguish a genuine Bermuda note from a fake one, look for the tuna fish watermark (to the left of the note), the metallic security thread (just right of the tuna fish watermark) and the silver ship (to the right of the note). Also, examine the paper quality.

In addition, check to see if the ink 'runs.' Most counterfeit in circulation is being generated on ink jet printers, and the ink will 'run' if it gets wet. Genuine currency will not do this.

The public is reminded that it is a criminal offence to:

  • pass to another;
  • possess;
  • make;
  • or reproduce any counterfeit currency; punishable by up to 5 years in prison.

All incidents are under investigation. Police are appealing to members of the public who have witnessed these incidents or may have information pertaining to them to contact their respective Police Station, Police Headquarters at 295-0011 or the confidential Crimestoppers Hotline on 1 (800) 623-8477.

Public & Media Relations Department