CEDAR RAPIDS, Iowa (KWWL) – The Cedar Rapids Police Department has been investigating counterfeit money being given to local businesses. There have been three situations where $100 bills have been passed to local businesses.
Investigators have obtained surveillance photographs of a suspect believed to be involved in the these incidents.
In one case the man made a small purchase under $10 but used a fake $100 to pay for them. Which can be a red flag.
“Sometimes, the gig is you want to buy a cheaper items and get as much real cash back;. So that’s why a lot of times businesses won’t even take 50 and 100 dollar bills,” said Greg Buelow, Public Information Officer with the Cedar Rapids Police Department.
If you do accept large bills police recommend counterfeit pens, as a way for businesses to quickly spot a fake. They also recommend looking for built in security measures, like the watermark. Which appears if you hold the bill to the light.
“The other things that’s missing on this one is the security thread. In other words if I take an authentic bill, so this five is real, and I hold this up to the light, you’ll actually see the threat that says five. This one should also have that and it’s not there,” said Buelow.
Anyone who can identify the individual in the photograph is asked to contact the Cedar Rapids Police Department at (319) 286-5336 or Linn County Crime Stoppers at 1-800-CS-CRIME (272-7463) or text CRIMES (274637) and in the message/subject, type 5227 and your tip.
The police want you to not put yourself at risk if you think you have come across a counterfeit bill. Do not return the bill and take down the description of the person handing them out. Contact the police department right away.
If you would like to know more about detecting counterfeit bills please visit the United States Currency website.