Oak Bay Police notified of counterfeit currency being used similar to Sidney incident

Oak Bay Police say they have identified counterfeit currency being used within jurisdiction. 

On August 22nd, a local bank contacted police to report a counterfeit $100 bill that was identified by an automatic bill counter. 

Police say the bill was part of a bank deposit from an unknown business location.

Upon inspection, the financial institution was able to determine the bill was fake due to an offset holographic overlay, a clear window lacking security features and small print on the reverse side reading “Prop Mney.”

Additionally, police say that similar counterfeit bills bearing serial numbers GJR6710020 and GJR6710021 have been reported in other jurisdictions throughout BC and across Canada, including earlier this month in Sidney.  

Police are now reminding business owners to verify large denomination bills and review security features with staff.

Business owners are also being reminded that it is a criminal offence to knowingly recirculate a counterfeit bill. 

Those seeking resources for identifying counterfeit currency can find them via the Bank of Canada’s website. 

Last week, Sidney/North Saanich RCMP warned the public and local businesses after discovering counterfeit Canadian currency being used in the community.

On Thursday, August 21st, police responded to a report of a counterfeit $100 bill that was used at a business in Sidney.

Anyone with information regarding incidents of counterfeit currency being circulated in Oak Bay should contact Oak Bay Police at (250) 592-2424.

Or to report anonymously, call Crimestoppers at 1-800-222-8477 (TIPS).