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Counterfeit $50 notes passed at Moree and Mungindi

POLICE from Barwon Local Area Command are appealing to business owners as well as shoppers to be on the look-out for fake fifty-dollar notes after counterfeit money of the same denomination were cashed at Moree and Mungindi businesses recently.

Police urge businesses and retail stores that handle cash – as well as consumers – to double check money that is being exchanged when purchasing or selling goods.

A simple guide is to feel the note as a genuine banknote is printed on plastic and is difficult to tear.

Police also suggest:

  • Check the clear window – it should be part of the banknote and not an addition;
  • Look for the star – if you hold the banknote up to the light diamond shaped patterns printed inside a circle should form up perfectly to form a seven-pointed star;
  • Hold the banknote to the light and look for the Australian Coat of Arms. This is located to the left of the clear window on the $50. For the $5 banknote, check to the left of the word ‘Australia’; and
  • Feel for slightly raised printing on the main design of the banknote;

For more information on how to detect counterfeits, refer to the Reserve Bank’s counterfeit detection guide at http://banknotes.rba.gov.au/counterfeit-detection/counterfeit-detection-guide/fake50

Police believe it is likely that persons in the community have information as to the source of these counterfeit banknotes and urge anyone with information is urged to contact Barwon LAC on 6757 0799.

Information can also be provided anonymously by phoning Crime Stoppers on 1800 333 000 where rewards may be applicable for information leading to an arrest.

Anyone who receives a counterfeit banknote should:

  • Handle the counterfeit banknote as little as possible and store it in an envelope;
  • Note any relevant information about the offenders or their vehicles; and
  • Call Police immediately.

Media Release: January 11, 2017