VIPD Says Businesses Should Be On The Lookout For Fake Money
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.