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Residents Alerted to Counterfeit $100 Bills on Facebook Marketplace

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Residents Alerted to Counterfeit $100 Bills on Facebook Marketplace

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Edmonton Residents Alerted to Counterfeit $100 Bills on Facebook Marketplace

Authorities Urge Vigilance Amid Rising Reports of Fake Currency in Online Transactions

Edmonton authorities are raising alarms over a surge in counterfeit $100 bills being used in transactions on Facebook Marketplace.

 

Local law enforcement has received multiple reports from residents who, after selling items through the platform, discovered that the cash received was counterfeit.

 

These fake bills often lack essential security features, such as holograms and raised ink, making them identifiable upon close inspection.

 

In some instances, the counterfeit notes have identical serial numbers, a clear indicator of their inauthenticity.

 

Authorities are advising sellers to meet buyers in public, well-lit areas and to thoroughly inspect all cash received during transactions.

 

They also recommend familiarizing oneself with the security features of genuine Canadian currency to better detect fakes.

 

Residents who suspect they've received counterfeit money are urged to contact local police immediately and refrain from re-circulating the fake bills.

 

For more information on identifying counterfeit currency, individuals can visit the Bank of Canada's official website.

 

Staying informed and cautious can help protect both sellers and buyers from falling victim to these fraudulent activities.

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