Warning over counterfeit $5 and $2 notes
Counterfeit Bermuda $5 and $2 notes have been found in circulation, according to the Bermuda Police Service.
They made the discovery following their investigation into counterfeit Bermuda $50 notes, reported last week.
In a press release this afternoon, officers reminded people to be vigilant of Bermuda $50 notes bearing the serial number 705727. Bermuda $5 and $2 notes with the serial number 000000 are also noted as being counterfeit, particularly Bermuda $5 notes clearly marked ‘SPECIMEN’ in red.
Employees and residents are advised to take time to examine the money they receive, especially notes of larger denominations. Particular attention should be turned towards the paper quality and embedded BMA watermark, which is visible in light.
Employees receiving counterfeit money are urged to hold onto the bill, note the description of the previous handler, and contact the police immediately. Others who receive fake notes should contact the nearest police station to report the matter as soon as possible.
It is a criminal offence to possess, distribute, make or reproduce any counterfeit currency, punishable by up to five years in prison.
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 800-8477.