Sign up for our newsletter and get a curated list of the top trending stories and exclusive rewards every day.

Trending Topics

Get the MTL Blog app

Download on the App StoreGet it on Google Play

Quebec Police Warning Canadians To Check Their Wallet For Counterfeit Bills

As part of their efforts to reduce fraud, the Sûreté du Québec is telling people to be wary of fake money.
Quebec Police Warning Canadians To Check Their Wallet For Counterfeit Bills

La Sûreté du Québec, the provincial police force that serves the totality of Quebec, has declared March to be fraud prevention month. As part of this initiative,  the Sûreté du Québec have published a series of tweets warning Quebec residents of common types of frauds. This includes everything from fake online profiles to identity theft. 

This week, police are warning of fake bills, warning the public to stay vigilant of counterfeits. Though the volume of counterfeit bills has decreased by almost 80% since 2008, the yearly value of counterfeit bills passed into circulation is of about $1.2 million.

READ ALSO: Videos Showing Angry Taxi Drivers Striking, Disrupting Traffic In Montreal

TL;DR Quebec police are warning residents to be wary of counterfeit bills being passed into circulation.

Police tweeted this out this morning:

Soyez à l’affût, les billets de banque ne sont sûrs que si vous les vérifiez. Pour en savoir plus:

March 25, 2019

The tweet reminds people to be wary of counterfeit bills, linking to the Bank of Canada's website.

READ ALSO: How To Tell If Your Canadian Cash Is Counterfeit According To The Bank Of Canada

In Canada, anyone who accepts a counterfeit bill, whether knowingly or unknowingly, has to bear the loss of that bill. There is no reimbursement by the government because they believe this would just incentivise counterfeiters.

Do you know what to do with a suspicious #banknote? Learn the steps to #counterfeit prevention

March 25, 2019

There are some steps citizens can take to familiarise themselves with spotting counterfeit bills. The bank of Canada has a section of their website dedicated to helping the general public familiarise themselves with the security features of different bills.

Amongst other things, the public should remember to "feel, look and flip."

Feel for a smooth texture in the notes, as well as the raised ink on the denomination of the note.

What to "look" for depends on what note you are looking at, and the Bank of Canada has detailed examples of what you should be looking for when looking at different bills. For example, a transparent window on many of the newer bills.

Then, flip the bill and notice whether or not the metallic elements in the "window" match the front part of the bill.

If you find a counterfeit bill, you're required to bring it to police.

Source | Source

More from MTL Blog

Comments 💬

Our comment section is a place to promote self-expression, freedom of speech and positivity. We encourage discussion and debate, but our pages must remain a safe space where everyone feels comfortable and the environment is respectful.

In order to make this possible, we monitor comments to keep spam, hate speech, violence, and vulgarity off our pages. Comments are moderated according to our Community Guidelines.

Please note that Narcity Media does not endorse the opinions expressed in the comment section of an article. Narcity Media has the right to remove comments, ban or suspend any user without notice, or close a story’s comment section at any time.

First and last names will appear with each comment and the use of pseudonyms is prohibited. By commenting, you acknowledge that Narcity Media has the right to use & distribute your content across our properties.