Watch Out for Fake $100 in Hawaii
Thursday, July 19th, 2007According to the Honolulu Star Bulletin, about $15,000 in fake money is circulating in Hawaii. The counterfeit money actually came from the Crips and Bloods, a well known gang in Los Angeles, and has leaked some of its fake money onto the islands. There has been at least $4 million worth of counterfeit money in the Los Angeles area.
The bills have turned up in Waikiki and Pearlridge, and has even passed onto other neighbor islands. The Secret Service has also noticed that people have been using the counterfeit money to purchase items and then to return the items later to receive real money. This way, they are getting rid of their fake money in return for real money.
It was also reported that the fake $100 bills have been made with high quality paper that is close to the real paper used to make official $100 bills. The printing is also very close, if not exactly the same. The bills are also sprayed with chemicals so pens that stores use to check for fake bills will not be detected. As you can see, the operation looks to be pretty large.
Below are ways to spot a counterfeit bill (source: Honolulu Star Bulletin):
» Look for security threads. Genuine currency has red and blue fibers in the paper, not just printed on the bill.
» Check the watermark by holding the bill up to the light. Real $100 bills will have a watermark with the face of Ben Franklin that can be seen from both sides of the bill.
» Look for distinctive and sharp printing in the portrait, border and treasury seal.
Call the police if you suspect a fake bill. Just beware especially if you use large bills like that. Fortunately, I don’t use $100 bills, and usually don’t have enough money to aquire them, so I’m safe. =) But to you others, watch out!
