FREMONT – More counterfeit hundred dollar bills seem to be making the rounds in Fremont, and retailers should be on alert for the funny money.
On Monday 03/05/2018 at approximately 8:20PM a fraud was reported at a business in the 1000 block of east 23rd Street. It was reported that a customer paid for merchandise with a $100.00 bill that upon further inspection is believed to be counterfeit. There are no known suspects, but the investigation is on-going.
In the meantime, all cash handlers are encouraged to take a little extra time when receiving a large bill. You can generally examine bills for the following security features by holding the bill up to any bright light. For all currency except one dollar bills, there should be a security thread made of plastic embedded inside the bill, running from top to bottom.
- The thread is not printed on the paper and runs vertically through the clear field to the left of the Federal Reserve Seal. On authentic bills, this should be easily visible against a light source.
- The printing should say “USA” followed by the denomination of the bill, which is spelled out for $10 and $20 bills but presented in numbers on the $5, $50 and $100 bills. These threads are placed in different places on each denomination to prevent lower-denomination bills being bleached and reprinted as higher denominations.
- You should be able to read the inscriptions from both the front or back of the note. Also, it should only be visible against a light source.
Counterfeiting is a federal crime.