Police warn of counterfeit $20 bills circulating in Lower Mainland

May 3 2018, 7:17 pm

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)

On its website, The Bank of Canada has a full list of security features that can be found on the authentic $20 bill.

See also
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