Hashtag: #CurrencyAndCoins
Police: Counterfeit $10 & $50 Bills Circulating
The Bermuda Police Service is conducting inquiries into reported incidents of counterfeit Bermuda as well as U.S. $10 and $50 bills being tendered at local businesses recently. “These counterfeit notes are of poor quality,” said a police statement. “Liquor licensed premises and other businesses involved in the nighttime economy are... Read more of this article
Police Advisory On Passing Counterfeit Currency
The Bermuda Police Service is reminding the public that it is a criminal offence to pass to another, possess, make or reproduce any counterfeit currency. A police spokesperson said, “Members of the public should remain vigilant regarding counterfeit Bermuda and U.S. currency, while retailers are reminded to ensure their employees are aware of... Read more of this article
Man Admits Passing Counterfeit $100 Bill
In Plea Court this morning Lo’Torean Durrant, 21, who said that he was an apprentice chef, pleaded guilty to a charge of passing a $100 counterfeit note and of possessing a $100 counterfeit note. The DPP prosecutor told the Senior Magistrate that around 6:00pm on 4th August 2012, at the Bermuda Bistro at the Beach on Front Street, Mr Durrant had ordered... Read more of this article
Police Issue Another Counterfeit Currency Advisory
Business owners, vendors and individuals alike are being advised today [Aug 9] to be vigilant regarding the circulation of counterfeit currency with the latest incident involving a counterfeit $100 bill with the serial number D/I 019625. A police spokesperson said, “The Bermuda Police Service Financial Crime Unit are still encountering the circulation... Read more of this article
Police Warn Again About Counterfeit Currency
After a taxi driver was paid in counterfeit currency, the police have issued another warning asking people to be vigilant. A police spokesperson said: “At 8am on Sunday a complainant attended the Hamilton Police Station and reported that whilst he was driving his taxi this morning, 3 passengers paid him with what he now knows is counterfeit currency.... Read more of this article
BMA Advises Public Of New $50 Bill In Circulation
The Bermuda Monetary Authority today ]Aug 1] advised that as part of its continuous programme of enhancements, it has issued into circulation a revised $50 banknote. The new banknote, which showcases an updated Longtail bird and an A/1 prefix instead of a Bermuda onion prefix on the serial numbering, will run in circulation alongside both the $50 banknotes... Read more of this article
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... Read more of this article
Cup Match Money Supply Increases To $136.9M
The amount of Bermuda Dollar notes and coin in circulation over the coming holiday weekend will be $136.9M. This compares with a total of $130.8M at the same period last year, an increase of 5%. The total amount of notes and coins issued to the banks by the Bermuda Monetary Authority between July 1st and July 30th [the traditional pre-Cup Match period]... Read more of this article
Police: Increase In Counterfeit Currency
The Bermuda Police Service said there has been an increase in the number of counterfeit Bermuda notes being reported to police in the past few days. “Businesses are asked to remind their staff to be especially vigilant when accepting larger denominations, in particular the old style Bermuda $50 and $100 notes,” said a police statement. “Often... Read more of this article
Christmas: $133 Million In Circulation
The Bermuda Monetary Authority said that over $133 million in Bermuda Dollar notes and coin will be in circulation over the coming holiday weekend. The $133.1 million is an increase of 2.54%, compared to $129.7 million at the same period last year. A spokesperson said, “The total amount of notes and coins issued to the banks by the Bermuda Monetary... Read more of this article
Man Charged: Counterfeit Money
In Magistrates Court this morning [Nov.21], facing a number of charges, 25-year-old Ronico Richardson came away with a total fine of $2,350 from multiple charges; a March 2012 trial date for three charges; and the DPP withdrawing two charges. The charges covered a date spectrum from 8th October 2010 to 18th November 2011. Initially Mr Richardson pleaded... Read more of this article
Police Advisory: Counterfeit Currency
Bermuda Police have issued an advisory on counterfeit Bermuda currency that is currently being circulated. The counterfeit bills tend to be the older design large Bermuda denominations of $50 and $100. A police spokesperson said, “There continues to be a noticeable amount of counterfeit Bermuda currency currently in circulation, particularly... Read more of this article
