Fake $50 And $100 Portrait Series Notes In Circulation

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?  

  1. Lack of security features such as watermark and security thread.
  2. Some of the fake notes have a simulated kinegram, an octagonal reflective foil which is different from those on genuine notes.
  3. Upon tilting, the image on a genuine note will shift while the kinegram on the fake notes would not.
  4. The surface of the fake notes do not have an ‘embossed feel’ like the genuine ones.

What should you do upon receiving fake notes?

  1. Make a police report at the nearest neighbourhood police centre.
  2. Delay the person giving you the fake notes and call the police immediately.
  3. 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.

[Source 1, 2]

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