Notice anything off about your $50 notes? Discover stealthy signs they're counterfeit!
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As we navigate daily transactions, cash remains a staple for many, especially in local markets, small businesses, and personal services.
However, it's crucial to stay vigilant as counterfeit currency can occasionally slip into circulation, leaving unsuspecting individuals at a loss.
Some Australian suburbs, known for their scenic beauty and welcoming atmosphere, have seen a surge of domestic and international visitors during the holiday season.
A concerning trend has recently emerged, where fake $50 notes have been reported, particularly in the bustling tourist areas of Merimbula and Eden on the NSW South Coast.
Local businesses were the first to raise the alarm after encountering these fraudulent notes, prompting an immediate response from NSW Police.
Upon inspection, the authorities identified a tell-tale sign of the counterfeit notes: a faulty transparent panel.
This discovery has led to an ongoing investigation as officers work diligently to trace the origin of these deceptive forgeries.
This isn't the first instance of counterfeit notes making their way into the hands of Australians.
A similar warning was issued in August when fake $100 notes were found in Tasmania, specifically in Hobart and the neighbouring suburbs of Glenorchy and Bellerive.
These notes also had distinguishable flaws, such as a black plastic window instead of a clear one, which made them easier to identify as fakes.
To identify a genuine Australian banknote, feel its texture; authentic notes are made from a durable plastic polymer that resists tearing.
Hold the note to the light to spot the Australian Coat of Arms next to the transparent window, or check for the seven-pointed star that perfectly aligns when illuminated.
Run your fingers over the main design to feel the raised printing, another sign of authenticity. Compare the note's background printing to a known genuine one, noting any irregularities in the patterns.
Also, ensure the note features a clear window with a printed image—like the Southern Cross on the $50 note or a lyrebird on the $100 note.
Lastly, check for fluorescent serial numbers using UV light, which should glow under the light.
If you find a note you suspect is counterfeit, refrain from using it and report it to the local police.
Not only will this help prevent further spread, but it will also assist law enforcement in cracking down on counterfeit operations.
In other news, fake banknotes are also being promoted online, asserting that they could be used in major supermarkets such as Coles and Woolworths.
In Australia, possessing or using counterfeit currency is a serious crime, carrying potential fines and prison sentences. You can read more about it here.
Have you ever encountered a counterfeit banknote? What did you do? Share your experiences in the comments below.
However, it's crucial to stay vigilant as counterfeit currency can occasionally slip into circulation, leaving unsuspecting individuals at a loss.
Some Australian suburbs, known for their scenic beauty and welcoming atmosphere, have seen a surge of domestic and international visitors during the holiday season.
A concerning trend has recently emerged, where fake $50 notes have been reported, particularly in the bustling tourist areas of Merimbula and Eden on the NSW South Coast.
Local businesses were the first to raise the alarm after encountering these fraudulent notes, prompting an immediate response from NSW Police.
Fake $50 notes were reported to police by businesses in Merimbula and Eden on the NSW South Coast. Credit: MousePotato / iStock
Upon inspection, the authorities identified a tell-tale sign of the counterfeit notes: a faulty transparent panel.
This discovery has led to an ongoing investigation as officers work diligently to trace the origin of these deceptive forgeries.
This isn't the first instance of counterfeit notes making their way into the hands of Australians.
A similar warning was issued in August when fake $100 notes were found in Tasmania, specifically in Hobart and the neighbouring suburbs of Glenorchy and Bellerive.
These notes also had distinguishable flaws, such as a black plastic window instead of a clear one, which made them easier to identify as fakes.
To identify a genuine Australian banknote, feel its texture; authentic notes are made from a durable plastic polymer that resists tearing.
Hold the note to the light to spot the Australian Coat of Arms next to the transparent window, or check for the seven-pointed star that perfectly aligns when illuminated.
Run your fingers over the main design to feel the raised printing, another sign of authenticity. Compare the note's background printing to a known genuine one, noting any irregularities in the patterns.
Also, ensure the note features a clear window with a printed image—like the Southern Cross on the $50 note or a lyrebird on the $100 note.
Lastly, check for fluorescent serial numbers using UV light, which should glow under the light.
If you find a note you suspect is counterfeit, refrain from using it and report it to the local police.
Not only will this help prevent further spread, but it will also assist law enforcement in cracking down on counterfeit operations.
In other news, fake banknotes are also being promoted online, asserting that they could be used in major supermarkets such as Coles and Woolworths.
In Australia, possessing or using counterfeit currency is a serious crime, carrying potential fines and prison sentences. You can read more about it here.
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