Sunshine Coast police have recently received a number of reports of $50 counterfeit notes being used in the area.
Could you identify a counterfeit banknote? Could your staff?
The Reserve Bank of Australia website provides advice regarding the security features of bank notes.
This includes flyers and video guides. Business owners this should be included in your staff training and also the procedure for your staff to undertake if they identify a counterfeit note.
If you are lucky enough to have a $50 note in your wallet, take it out (dust it off) and have a look for the below security features.
Other checks include the feel of the note; is it plastic? Australian bank notes are printed on plastic and have a distinct feel. Fake notes may feel thicker or thinner, are easy to tear and scrunch up instead of springing back to shape.
Any clear inserts within the notes should be seamlessly integrated into the banknote.
If you believe that you have been given a counterfeit banknote:
- handle the banknote as little as possible and store it in an envelope
- note any relevant information of how it came into your possession; and
- report the matter to State or Federal police.
You are within your rights to refuse to accept a banknote if you have concerns about its validity if it is safe to do so.
Technology is available to assist in the detection of counterfeit notes with prices starting from around $100.
If you have information for police, contact Policelink by providing information using the online suspicious activity form 24hrs per day at www.police.qld.gov.au/reporting.
You can report information about crime anonymously to Crime Stoppers, a registered charity and community volunteer organisation, via crimestoppersqld.com.au 24hrs per day.