Businesses must be vigilant for counterfeit currency - police

TUESDAY, OCTOBER 18: 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.