Fake $50 And $100 Portrait Series Notes In Circulation
The police have issued a warning about fake $50 and $100 Singapore currency notes being used at convenience stores, restaurants and retail outlets in Singapore.
Featuring a portrait of Singapore’s first president Yusof Ishak, the counterfeit $100 notes bear the serial number 3AX412083 while the $50 notes bear these eight serial numbers: 0FF875629, 3DL273922, 4DZ985604, 5HS436415, 5LV797440, 5LP297324, 5CK878136 and 5JH230011.
Those found guilty of possessing counterfeit currency notes face a jail term of up to 20 years and a fine while those found guilty of possessing the fake notes may face up to 15 years of jail. Hence, check all the $50 and $100 notes you receive and be vigilant.
How to identify fake Singapore Dollar notes?
- Lack of security features such as watermark and security thread.
- Some of the fake notes have a simulated kinegram, an octagonal reflective foil which is different from those on genuine notes.
- Upon tilting, the image on a genuine note will shift while the kinegram on the fake notes would not.
- The surface of the fake notes do not have an ‘embossed feel’ like the genuine ones.
What should you do upon receiving fake notes?
- Make a police report at the nearest neighbourhood police centre.
- Delay the person giving you the fake notes and call the police immediately.
- Place the fake notes in a protective covering such as an envelope to reduce the chances of tampering.
Should you have any information about the circulating fake notes, call the police hotline on 1800-255-0000 or submit info online at http://www.police.gov.sg/iwitness.