Police issued another public advisory today that there’s another set of counterfeit currency circulating in Bermuda, this time it’s $50 Bermuda bills.
A police spokesman 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, not 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,” he added.
“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.”
Any suspicious circumstances regarding fake money should be reported directly to detectives at the Criminal Investigation Department on 247-1744, or the independent and confidential Crime Stoppers hotline on 800-8477.
Police issued another public advisory on May 18th, warning the public about counterfeit US $100 bills circulating around the island. Those bills carried the serial number LB73918531S.
Since then, Bermuda Real has received a number of reports by business owners of fake money being passed off as real at various establishments around the island.