Increase of counterfeit money in Bay of Plenty

Bay of Plenty Police are seeing an increase in the use of counterfeit money in the region.

On Wednesday, Tokoroa Police arrested a 38-year-old local man after he allegedly paid for goods with counterfeit notes.

The man was in possession of a large amount of these notes and it is likely more are still circulating in the community.

In the past few weeks Police have responded to a number of incidents where counterfeit notes have been presented at small businesses.

There have also been reports of counterfeit money being used across the North Island from Hamilton to Wellington.

The notes are printed on paper which can tear easily as opposed to legal tender which is printed on polymer.

When accepting cash retailers are advised to take a “look, feel and tilt” approach to identify a genuine banknote. Information on this can be found on the Reserve Bank of NZ website.

/NZ Police Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here.