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VIPD Says Businesses Should Be On The Lookout For Fake Money

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FREDERIKSTED – Business owners in the territory should be on the lookout for counterfeit bills.

That’s the word from the Economic Crime Unit (ECU) of the Virgin Islands Police Department said counterfeit currency in the denominations of $10, $20, $50, and $100 notes have turned up so far.

Banking institutions and casino operators have also been reporting an influx of fake money, the VIPD said.

The bills look and feel real, however, the only characteristic that may be used to determine that it’s real or fake is through the color shifting ink on the bill itself, according to police.

The color shifting ink is located on the front of the bill (on the number denomination on the right corner of the bill) it’s in metallic ink and it changes color as you tilt the bill.  It turns from copper to green in coloration.
Police said counterfeiters are using ‘bleached-out’ $1.00 and $5.00 bills that have been printed over, making them appear to be $10, $20, $50, and $100 notes.

If someone receives any of these bills, turn them over to the police immediately.

For further information, please contact the Economic Crime Unit at (340) 778-2211 on St. Croix or (340) 774-3942 on St. Thomas.

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The Author

John McCarthy

John McCarthy

John McCarthy is primarily known for his investigative reporting on the U.S. Virgin Islands. A series of reports beginning in the 1990's revealed that there was everything from coliform bacteria to Cryptosporidium in locally-bottled St. Croix drinking water, according to a then-unpublished University of the Virgin Islands sampling. Another report, following Hurricane Hugo in 1989, cited a Federal Emergency Management Agency (FEMA) confidential overview that said that over 40 percent of the U.S. Virgin Islands public lives below the poverty line. The Virgin Islands Free Press is the only Caribbean news source to regularly incorporate the findings of U.S. Freedom of Information Act requests. John's articles have appeared in the BVI Beacon, St. Croix Avis, San Juan Star and Virgin Islands Daily News. He is the former news director of WSVI-TV Channel 8 on St. Croix.

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