Counterfeit Bermuda $50 Currency Circulating

June 1, 2017

The police are urging the public to “be vigilant regarding counterfeit Bermuda $50 notes currently in circulation.”

A police spokesperson said, “Employees are once again advised that if counterfeit cash is detected during a transaction, the member of staff receiving the fake money should hold on to it, note the description of the individual who tendered it and contact police immediately.

“Similarly, members of the public should take a few seconds to examine any money they may receive, especially the larger denominations.

“In particular, please check for common security features such as the paper quality and embedded BMA watermark, which is visible in light.

“Persons who may have unknowingly received counterfeit currency are encouraged to contact the nearest police station at the earliest opportunity to report the matter.

“As a reminder it is a criminal offence to pass to another, possess, make or reproduce any counterfeit currency; punishable by up to five years in prison – and those caught committing such offences can expect to be prosecuted.

“Suspicious circumstances regarding suspected counterfeit currency should be reported directly to detectives at the Criminal Investigation Department on 247-1744 or the independent and confidential Crime Stoppers hotline 800-8477.”

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