Police Advisory: Counterfeit Currency Circulating

June 5, 2017

The police are reminding the public to be vigilant regarding counterfeit Bermuda $50, $5 and $2 notes that are currently in circulation, urging people to “take a few seconds to examine any money they may receive, especially the larger denominations.”

A police spokesperson said, “The public as well as businesses and their employees are reminded to be vigilant regarding counterfeit Bermuda $50 notes bearing serial number 705727 currently in circulation.

“In addition, counterfeit Bermuda $5 and $2 notes are also in circulation – both with serial number 000000 – and with the counterfeit Bermuda $5 note clearly marked ‘SPECIMEN’ in red.

Image provided by the police of a counterfeit bill 

Counterfeit Bermuda 50 Note 705727 June 5 2017

“Staff and residents alike 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.

Image provided by the police of a counterfeit bill 

Counterfeit Bermuda $5 Note 000000 specimen June 5 2017

“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.

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

Image provided by the police of a counterfeit bill 

Counterfeit Bermuda $2 Note 000000 June 5 2017

“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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Comments (6)

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  1. Say Whaat says:

    What dopey criminal is counterfeiting $5 & $2 bills?!? Lol!

  2. wahoo says:

    There are also a couple of counterfeit politicians masquerading as people that care about you, do not be fooled. You can identify them easily by the way they avoid the truth and tell you to wait until 2025 for their big plan. They wear green ties and have chips on their shoulders please do not be fooled again.

    • Say Whaat says:

      They care more about the poor and struggling than the OBA do. Fact!

      • Real Onion says:

        Absolute nonsense,they are only interested in being as fake as these bills.

      • wahoo says:

        Not fact. They care more about themselves than the poor.

  3. sid says:

    Why do we even still bother with Bermuda currency? The Bermuda dollar was created in the ’70s to enforce silly exchange control rules that were scrapped in the ’90s.

    Why not just use US dollars, like they do in BVI, Bonaire, Panama, El Salvador, Turks and Caicos, and a dozen other places? It would save on administration and get rid of an annoyance for tourists and locals. Also, Bermuda could rely on US treasury anti-counterfeiting measures which are much more sophisticated than those used on Bermuda currency.