Counterfeit bank notes
Scam medium:
- In person
Targeting:
- Individuals
- Businesses
On this page
The Canadian Anti-Fraud Centre (CAFC) is warning Canadians to be on the lookout for websites selling novelty Canadian bank notes. Novelty bank notes are considered counterfeit in Canada.
Counterfeit notes can closely resemble genuine currency, but they often lack the security features that are built into real Canadian money. These fake bills may also feel different, have poor print quality, or be missing elements like transparent windows, holograms or raised ink. Fake notes might also be assembled from multiple pieces or feature extra text like “Prop Money” or “For Motion Picture Use”.
Fraudsters may even create terms and conditions on websites selling these notes and attempt to evade counterfeit currency laws.
How to protect yourself
- Always inspect bank notes before accepting them
- If a note feels off or appears suspicious, politely refuse it and ask for another note (and check it too)
- Familiarize yourself with the security features on real Canadian bank notes. Visit Bank notes - Bank of Canada to learn more.
What to do if you receive a counterfeit or novelty note
- Do not try to use it or pass it along
- Give it to your local police and provide as much detail as possible about the person who tried to use it. If the note is real, you’ll get it back.
- If you’ve lost money as a result of a counterfeit bill, contact your local police
Reminder
It is a criminal offence to knowingly use or pass counterfeit currency. Help protect others by staying alert and reporting suspicious activity.
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