FAKE: Nine out of 10 counterfeits detected are $50 notes. Photo: Penny Stephens.
After reports of counterfeit notes being used recently, Leeton businesses are being urged to be on the lookout for the fake notes.
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Inspector Kim Traynor said they have received reports of fake money being used in business transactions, and are encouraging businesses to be on the lookout for the fake money.
“After reports, we encourage businesses to be on the lookout for the counterfeit notes, especially for large transactions, or if people are buying a small item with a $100 note,” she said.
Things to look out for when identifying the real money from fake counterparts:
- What is it made out of? Australian banknotes are printed on plastic and have a distinct feel. If a banknote feels excessively thick or thin compared to a genuine banknote, it is most likely a counterfeit. It is difficult to tear along the edge of a genuine banknote. A genuine banknote should spring back if you scrunch it up.
- Look for the coat of arms: If you hold the banknote to the light, you should see the Australian Coat of Arms.
- Look for the star: there are diamond-shaped patterns printed on the inside of the circle on both sides of the banknote. If you hold the banknote up to the light, the patterns should line up perfectly to form a seven-pointed star.
- Check the clear window: The clear window will be an integral part of the banknote, not an addition. Check that the white image printed on the window cannot be easily rubbed off.
- Embossing: there is a wave pattern in the window of the $10 banknote, and the value of the banknote in the windows of $20, $50 and $100 banknotes.
For more information about spotting counterfeit cash, click here.
Jacinta Dickins
Features and Special Publications Journalist
