Police issued another advisory today urging businesses and staff to be on the look out for counterfeit $100 Bermuda notes circulating around the island.
A police spokesman said: “Unique security features of the Bermuda $100 note include the flower see-through feature, hibiscus watermark with sailboat highlight and a hidden butterfly image (only visible under ultraviolet light).
“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 by performing the ‘look, feel, tilt, check’ test, especially on the larger denominations.” He urged residents to:
LOOK for the oval window in the note in the area of the wide metallic security thread. This window is present in each denomination.
FEEL the unique banknote paper which is crisp and contains raised printing in bold colours. The colours are different on each denomination.
TILT – the fronts of the Bermuda $20, $50 and $100 banknotes and find the iridescent band, which is a gold stripe across the note with the denominational numeral visible in repeated images within the stripe.
CHECK that you can see the map of Bermuda and the letters BMA in the wide metallic security thread when the note is held up to the light. This is the same for each denomination.
“Anyone who may have unknowingly received counterfeit currency are encouraged to contact the nearest police station at the earliest opportunity to report the matter,” he added.
He also issued a reminder 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. Anyone 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 800-8777.