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HomeNewsCashed up for counterfeit

Cashed up for counterfeit

By Hollie Harris

NOOSA businesses should be aware of a recent increase in counterfeit notes circulating in south-east Queensland, including Moreton District, police have said.
Forgers are targeting businesses, mainly fast food outlets and service stations, during busy times and paying for a small purchase with fake $50 notes.
Police have launched operation Oscar Commit and a team of detectives and uniform police are currently investigating.
As part of the operation, police have charged a 43-year-old Kallangur man with two counts of possessing counterfeit money, uttering counterfeit money and possession of a dangerous drug.
He was arrested on 23 November after allegedly been found with 290 counterfeit $50 notes. He is expected to appear at the Caboolture Magistrates’ Court on 19 January.
Detective Senior Sergeant Anthony Green from Moreton Criminal Investigation Branch said he was concerned that small family businesses were often targets at this busy time of year.
“We are aware people can inadvertently receive these notes in change. Check $50 notes and if you think you have been given a fake $50 note, report it to police.
“Information from the public is crucial to this investigation and I urge anyone who has further information to contact Crime Stoppers on 1800 333 000,” he said.
Police said there were several ways to identify counterfeit notes.
A genuine banknote should spring back when it is scrunched, the Australian Coat of Arms should be visible when it is held up to the light, diamond-shaped patterns should line up perfectly to form a seven pointed star when the note is held up to the light, and the clear window should be an integral part of the banknote, not an addition.
There is more information on detecting counterfeit notes on the Reserve Bank of Australia website.

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