Account Login/Registration

Access KelownaNow using your Facebook account, or by entering your information below.


Facebook


OR


Register

Privacy Policy

Okanagan Mounties warning public of increase in counterfeit cash

The public needs to be aware of a recent rise in counterfeit cash being circulated in the North Okanagan, the RCMP says.

Since May 5, police have received a number of reports of counterfeit bills showing up at banks in the region.

The RCMP explained that the majority are Canadian $50 bills, but several Canadian $5 bills and American $100 bills have been discovered as well.

<who>Photo Credit: RCMP

Cst. Chris Terleski said that Canadian currency in general has several unique security features designed to prevent counterfeiting.

"By far, the most recognizable feature is that Canadian currency is made from polymer, not paper and the difference is immediately noticeable,” he noted.

“The holograms in real currency are embedded, fakes will have them taped or glued leaving an unfinished, rough edge. These differences are easy to spot if you know what you are looking for."

The RCMP is issuing a public reminder that there are steps that can be taken to prevent these counterfeit transactions from taking place, which include:

  • Be wary of people using large bills to make small purchases. Fraudsters will do this to try to make off with the largest amount of legitimate currency possible.
  • If you suspect a person has given a counterfeit bill, remain polite, refuse the transaction, and ask for another bill or form of payment. Remember, the person may have no idea the bill is counterfeit.
  • Provide staff with information and training on how to spot counterfeit bills.
  • Develop store policies around accepting larger cash denominations, such as asking for ID.


If you get value from KelownaNow and believe local independent media is important to our community we ask that you please consider subscribing to our daily newsletter.

If you appreciate what we do, we ask that you consider supporting our local independent news platform.


Send your comments, news tips, typos, letter to the editor, photos and videos to news@kelownanow.com.



Weather
webcam icon

weather-icon
Fri
12℃

weather-icon
Sat
12℃

weather-icon
Sun
15℃

weather-icon
Mon
17℃

weather-icon
Tue
16℃

weather-icon
Wed
12℃

current feed webcam icon

Recent Livestream




Top Stories

Follow Us

Follow us on Instagram Follow us on Twitter Like us on Facebook Follow us on Linkedin Follow us on Youtube Listen on Soundcloud Follow Our TikTok Feed Follow Our RSS Follow Our pinterest Feed
Follow Our Newsletter
Privacy Policy