Counterfeit Chinese 'training money' circulating again
If someone hands you folding money and the bill has pink Chinese lettering printed on it, you might want to refuse to accept it. Police in another Valley community are warning people that so-called Chinese “Training notes” are being passed around. Wellsville Police report that the bogus bills are being circulated in the Columbiana County town. The funny money is marked with pink Chinese lettering and the “feel” of the paper has a different consistency. In a...
If someone hands you folding money and the bill has pink Chinese lettering printed on it, you might want to refuse to accept it.
Police in another Valley community are warning people that so-called Chinese “Training notes” are being passed around.
Wellsville Police report that the bogus bills are being circulated in the Columbiana County town.
The funny money is marked with pink Chinese lettering and the “feel” of the paper has a different consistency.
In addition,the size of the bills may be different that genuine U.S. currency.
Although police are showing a $100 sample of the counterfeit money, they note that the bills may be any denomination.
The fake bills similar to the ones found here are being sold on online auction sites such as eBay as “training banknotes” or “play money”.
Wellsville Police say anyone who comes across the fake cash should call them at 330-532-1522.
Police in the Ashtabula County community of Orwell reported similar bills being circulated last month.
According to the Federal Reserve, the best way to determine whether a note is genuine is to rely on the security features, such as the watermark and security thread.
Counterfeit detection pens are not always accurate and may give you false results.
To learn about these and other security features in genuine Federal Reserve notes, visit the new money public education website.
It is important to know what the security features are in genuine currency, because if you end up with a counterfeit note, you will lose that money.
A counterfeit note cannot be exchanged for a genuine one, and it is illegal to knowingly pass counterfeit currency.
Try to remember the physical characteristics of the person who passed the suspect counterfeit, and if possible write down the person's license plate number and vehicle description.
Store the suspect counterfeit apart from genuine currency and release it as soon as possible to law enforcement authorities.