Subscription options:


Font Size:
phunymuney

BC Interior businesses seeing area-wide counterfeit money activityPosted: August 15, 2012

Heads up Kootenay business owners – there could be spill over.

The RCMP would like to advise the business communities throughout the Interior of the province that several areas have recently experienced a spike in counterfeit money passing.

Since 2012-07-26, RCMP have received 23 complaints where counterfeit currency was either passed or attempted to be passed in the communities of Oliver, Osoyoos, Okanagan Falls, Penticton, West Kelowna, Lake Country, Salmon Arm 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. The security features to check are:
– the watermark or Ghost image,
– the security thread,
– the overall print quality,
– the metallic or holographic strip and,
– the 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. Feel, look and flip the bank note to check the security features.” stated Cpl Dan Moskaluk.

The RCMP would like to raise awareness to the public, businesses and merchants of these recent incidents involving counterfeit currency.

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

Cpl Dan Moskaluk

Southeast District RCMP

Tags:
Author:

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


More Stories

KelownaArea

B.C. wine heading to grocery shelves in spring

> Read More
FlatheadLead

U.S. Senate legislation affecting Flathead River Valley


> Read More
StarliteHospital

Tradition of giving lives at Rocky Mountain Diesel

> Read More
Hospital progress Dec19

Hospital upgrade project progressing

> Read More
CranRCMP Crest

Trafficker arrested in Cranbrook

> Read More
HoroLeadDec19

Horoscope for the week beginning Dec. 19

> Read More
Bomb Threat RCMP arrive

Bomb threat closes Cranbrook Safeway

> Read More
Grasmere

RDEK Board Highlights

> Read More