
(TIMMINS) The Timmins Police Service is advising the public, local businesses, and financial institutions of a significant increase in the use and circulation of counterfeit Canadian currency within the City of Timmins over the past two months.
Police have observed that the counterfeit notes being passed are primarily $50 and $100 bills. This issue is not isolated to Timmins, as similar activity has been reported in other Northeastern Ontario communities.
Investigators have also identified that a common serial number (AHU5885903) has appeared on several of the forged notes. Members of the public and businesses are asked to be particularly vigilant for this serial number when handling cash.
How to Check Your Bank Notes
The Bank of Canada recommends using the following steps to verify polymer bank notes:
Feel
- Feel the smooth, unique texture of the note. It is made from a single piece of polymer with transparent areas.
- Touch the portrait, the large number, and the words “Bank of Canada” on the front of the note. These features should feel raised.
- Slide a finger over the word “Canada” in or around the large transparent window. It should feel slightly raised.
Look
- Look at the metallic portrait in the large transparent window. It should match the large portrait on the front of the note.
- Verify that the numbers in and around the transparent window match the value of the note.
- For the vertical $10 note, check that the detailed metallic images and symbols appear sharp and well defined.
Tilt
- Tilt the note. You should see colour changes in the metallic portrait and other holographic features on both the front and back.
Flip
- Flip the note over and ensure the metallic portrait in the transparent window matches the large portrait on the front.
- For the vertical $10 note, confirm the metallic elements are repeated on the back in the same colours and detail.
For more information about the security features found on genuine Canadian banknotes, visit the Bank of Canada’s website at: www.bankofcanada.ca/banknotes
What to Do if You Receive a Suspected Counterfeit Note
If you believe you have received counterfeit money, report it to the Timmins Police Service using the non-emergency line (705-264-1201).
For businesses reporting suspected counterfeit currency, it is helpful to first gather all relevant information, including CCTV footage, receipts, and any other related evidence, prior to contacting police. Businesses may then call police or attend the station to complete a report.
Timely reporting assists police and prosecutors in identifying those responsible, tracking counterfeit circulation patterns, and protecting the community from further financial loss.
Anyone with information related to the use or distribution of counterfeit currency is encouraged to contact the Timmins Police Service.