Abbotsford Police are warning people about a
fresh round of counterfeit $20 bills, which are currently circulating, primarily in the Fraser Valley.
In a release, police said the fraudsters are creating fake bills by taping clear plastic “hologram” panels into computer-printed “bills,” and passing them to local businesses.
To help people spot the fake bills, police have offered a number of tips:
Look closely at the hologram to make sure the denomination matches the
denomination on the banknote. The “hologram” of recently circulated fake currency
is blank. Feel the bill; counterfeit currency is rough whereas the authentic polymer bill is
smooth. Ensure that the edges of the bill are straight and that it has the same dimensions as
other bills; fake bills are often poorly cut and are not of uniform size. Images on the bill should be crisp and well-defined; the images on counterfeit bills
are sometimes unclear.
Police noted that businesses are likely to be targeted “during busy periods” or when “less- experienced staff” is working.
A counterfeit $20 bill verse the real thing. (Abbotsford Police)
website, The Bank of Canada has a full list of security features that can be found on the authentic $20 bill.
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