The Financial Crime Unit of the Integrated Criminal Investigation Division is advising local businesses and citizens of the presence of counterfeit American bills in our area.
Since last Wednesday, there have been at least 10 reported cases where someone paid for a purchase with counterfeit American $50 bills. Businesses in a number of shopping areas were targeted and several thousand dollars worth of counterfeit bills were used. Investigators are working on these incidents, which they believe are connected.
The Financial Crime Unit reminds business owners of the importance of taking a close look at all cash before accepting it as tender. Police should be contacted at 902-490-5020 immediately if store keepers come into possession of a bill they believe is counterfeit, or if someone attempts to use a bill that appears counterfeit. Visit http://www.bankofcanada.ca/banknotes/counterfeit-prevention/ (Canadian currency) and http://www.secretservice.gov/know_your_money.shtml (American currency) for more information about bank note security features and how to prevent fraud.