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Gold Coast fake cash warning

Gold Coast authorities have warned local businesses and consumers to be vigilant, after a huge increase in the use of counterfeit money.

The Gold Coast Major and Organised Crime Squad is investigating several reports of people manufacturing and distributing counterfeit $50 notes on the Gold Coast.

Detective Inspector Knowles urged business owners and community members to me mindful of people presenting large value notes for relatively low value purchases.

“In many of the transactions involving counterfeit notes we are seeing people buying a soft drink and handing over a fake $50 note to get legitimate money back,” Detective Inspector Knowles said.

Shop attendants have been urged to check notes carefully.
Shop attendants have been urged to check notes carefully.

“Shop attendants and business owners should check notes for the security features including the coat of arms watermark, the red and green diamond-shaped pattern lining up correctly, the clear plastic window is part of the note and not stuck on, and the Southern Cross stars look genuine and do not scratch off with moderate rubbing,” said Detective Inspector Knowles.


Police want anyone with information which could assist with this matter to contact Crime Stoppers.