South Bend Police Department Press Release

Wednesday, October 31, 2007

 

Fraud Alert: Counterfeit $100.00 Bills

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The SBPD has noted a slight upsurge in the presence of counterfeit $100.00 bills in the area.

The most recent scheme involves taking a valid U.S. $5.00 note and chemically bleaching the image and numerals off of the bill. The paper is then sent through a printer that delivers the images and numerals common to a U.S. $100.00 bank note. Because the counterfeit is printed on valid U.S. Mint paper, it has the texture, feel and embedded fibers of money as well as not reacting to "counterfeit detection pens" that many retailers rely on to detect forged notes.

The fraudulent bills do however have a few errors that a cautious person can detect. The watermark on the counterfeits still bears the image of Abraham Lincoln when it should, obviously be Benjamin Franklin and the embedded fiber strip in the bill (called the Thread) still reads "USA Five". Also, the ink on some of the forged bills will smear if rubbed, and the "100" printed with what is supposed to be color-shifting ink is not.

So far, two of these bills have made it to small businesses in South Bend, however, fraud investigators report these bills being circulated and/or recovered from Chicago to the counties of Northeastern Indiana.





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