Police Issue Warning About Counterfeit Money
Noting that there will be a high volume of local currency in circulation over the upcoming holiday, the police have asked people to vigilant in regards to counterfeit money.
A police spokesperson said: “The Bermuda Police Service Financial Crime Unit is aware of counterfeit currency presently in circulation on the island, particularly Bermuda $100, $50, and $20 notes.
“The serial numbers are D/1 019625, D/2 509282, D/2 595819. Business owners, vendors and individuals alike are advised to be vigilant regarding these denominations.
Counterfeit Bermuda $50:
“This is a public holiday where there will be a high volume of local currency in circulation, we ask that you take note of the individual or individuals passing these notes,” continued the police statement.
“The public is encouraged to check for the incorporated security features of genuine currency such as paper quality and embedded watermarks.
Counterfeit Bermuda $100 & $50:
“Anyone with any information about incidents were counterfeit currency is being circulated is encouraged to contact the Financial Crime Unit on 295-0011. 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 five years in prison,” concluded the police statement.
The Bermuda Monetary Authority said that the amount of Bermuda Dollar notes and coin in circulation over the Cup Match weekend will be $136.9 million,an increase of 5% from last year.
- Photos courtesy of the Bermuda Police Service
