Counterfeit money: Difference between revisions

A batch of counterfeit [[Australian fifty-dollar note|A$50]] and [[Australian one hundred-dollar note|A$100]] notes were released into the Australian city of [[Melbourne]] in July 2013. As of July 12, 2013, 40 reports had been made between the northern suburbs of [[Heidelberg, Victoria|Heidelberg]] and [[Epping, Victoria|Epping]]. Police spokespersons explained to the public in media reports that the currency notes were printed on paper and could be easily detected by scrunching up the note or tearing it. Additionally, the clear window within the notes was also an easy way to identify fake versions, as the "window appears to have been cut out with two clear plastic pieces stuck together with stars placed in the middle to replicate the [[Crux|Southern Cross]]." Police also revealed that fake notes had been seized in June 2013 in Melbourne's eastern and western suburbs.<ref>{{cite news|title=Police warn on counterfeit cash|url=https://www.theage.com.au/victoria/police-warn-on-counterfeit-cash-20130711-2priu.html#ixzz2YnNxp1Du|accessdate=12 July 2013|newspaper=The Age|date=11 July 2013|author=Thomas O'Byrne}}</ref> According to the Australian [[Reserve Bank of Australia|RBA]] figures, during 2014-15, the number of counterfeit $50 currency detected in circulation has more than doubled from the previous year, and more than 33,000 fake notes were removed from circulation. The officials believe this likely a fraction of the amount of fake currencies currently flooding through in [[Victoria (Australia)|Victoria]] and [[NSW]] states.<ref>{{cite news|title=Australia flooded with fake $50 notes so good they fool banks|url=https://www.smh.com.au/business/australia-flooded-with-fake-50-notes-so-good-they-fool-banks-20160226-gn5546.html|accessdate=28 February 2016|newspaper=smh.com.au|date=28 February 2016|author=The Sydney Morning Herald}}</ref> On 31 May 2016, the [[ACT Policing|ACT police]] have warned people to keep an eye out for fake $50 notes, which is circulating throughout [[Canberra]] in recent months. The officers have been called out to more than 35 businesses over the past two months in connection to counterfeit $50 notes.<ref>{{cite news|title=Fake $50 notes circulating throughout Canberra, ACT police warn|url=https://www.abc.net.au/news/2016-05-31/counterfeit-money-currently-circulating-throughout-canberra/7463040|accessdate=31 May 2016|newspaper=abc.net.au|date=31 May 2016|author=ABC News}}</ref>[[Australian Federal Police]] have charged two persons alleging to have produced $16,465 notes of counterfeit currency and [[Criminal charge|charged]] them with various offences under the Crimes (Currency) Act 1981. The police say that Australian notes are hard to counterfeit, with many security features. However, urged people to take a close look each time they spend cash.<ref>{{cite news|url=https://www.facebook.com/australianfederalpolice/|date=2 September 2016|title=Had a close look at your cash lately?|author=AFP Facebook page}}</ref>