Australians are warned to be on the lookout for counterfeit money after a Central Queensland business accepted a high-quality fake $50 note.
Up to $2000 of the fake money may be circulating in the Gladstone area, a police spokesman warned on Tuesday.
The counterfeit money is good quality and feels almost like a genuine currency, but police say small foreign text printed over the note’s window exposes its inauthenticity.
A 39-year-old man is assisting detectives following a raid on a Biloela address where $8000 in counterfeit cash, weapons, cannabis and drug utensils were found.
Despite the large foreign text printed on the notes, the counterfeit money is good quality and feels almost like genuine currency.
Businesses with a high number of sales are urged to be particularly vigilant.
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