By Milla Webster
POLICE are investigating several reports of counterfeit money being produced at retail stores within the Mitchell Shire, Mitchell Local Area Commander Acting Inspector Darron Huffer said.
Reports have emerged across Victoria of fake $50 and $100 notes entering circulation. The notes are of varying quality, with some designed to appear convincing to busy staff in retail and hospitality sectors.
Insp Huffer said police have identified a key marker on many of the counterfeit notes: the word “PROPS” printed in small text on one side.
“Offenders will often use counterfeit high-value notes for low-cost purchases to obtain genuine currency as change,” he said.
“While these incidents are not considered a widespread surge, we are urging local businesses and residents to remain vigilant and take a few extra seconds to check the security feature, especially of any high-denomination notes ($50 and $100) they receive.”
Experts warn that some counterfeit notes can be surprisingly convincing, printed on clear polymer to mimic the feel of genuine Australian currency. However, there are several ways to spot a fake.
How to spot a fake
Texture and the “scrunch” test are key indicators. Genuine polymer notes are smooth and bounce back when scrunched, whereas counterfeit notes may feel thicker or paper-like and remain crumpled. Comparing notes against a known genuine note, examining the size, and checking the clear window and microprint details can also help identify fakes.
Police advise caution when handling suspicious notes.
“If you suspect a note is fake, do not put it back into circulation – doing so is an offence. Handle the suspect note as little as possible to preserve evidence and store it in an envelope to present to police,” Insp Huffer said.
Other warning signs include identical serial numbers across multiple notes, discrepancies in the plastic window, and the presence of tiny text such as “PROPS” or “SPECIMEN”, which are not on legitimate notes. Some people may also carefully attempt a small tear in a corner: if the note tears easily, this is a red flag.
Police also encourage witnesses to record details about the person handing over the note, as well as any vehicles involved. Every piece of information can assist investigations and help prevent further circulation of counterfeit cash.
Anyone who receives a suspected counterfeit note should keep it separate from other cash and contact police immediately. The Police Assistance Line can be reached on 131 444, while confidential information about the production or circulation of these notes can be reported to Crime Stoppers at 1800 333 000 or online at www.crimestoppersvic.com.au