A Secret Weapon For bank of canada counterfeit bills

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From making new polymer bank notes, to launching tasks and initiatives and dealing with municipal legislation enforcement companies, the RCMP shares the main points that you should know, so that you can assistance stop this criminal offense.

The RCMP has often experienced an exceedingly Unique relationship with their neighbours towards the south, but in addition legislation enforcement globally.

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"The investigation unveiled that the phony bank notes had been imported from overseas through an Internet website," the RCMP explained. "In accordance with the Countrywide Anti-Counterfeiting Bureau database, this was the largest seizure of counterfeit 'novelty' bank notes with expected fees given that 2001."

The polymer sense on the currency is another thing that is tough for counterfeiters to copy, and quite simple to detect by experience.

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In 2012, with the eighth year inside of a row, the number of counterfeit Canadian banknotes in circulation has fallen.

It's website from the regulation to knowingly use a counterfeit bill or to help keep just one without a lawful explanation. If you suspect a bill is counterfeit: Politely reveal your concerns to the customer and ask click here for click here An additional bill

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As for melting, the Bank of Canada suggests on its Site that "any rumour you've got heard about melting notes is basically an urban fantasy."

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"We continue to use the PPM as a evaluate of effectiveness, and We have now set a goal of bringing counterfeit levels all the way down to under one hundred PPM by 2009," Lamoureux explained in an job interview With all the Canadian Press.

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