over fake £50 notes circulating in Burnham-On-Sea
and businesses in Burnham-On-Sea have this week been warned to be
on the look out for fake £50 bank notes circulating in the
comes after one shop, GW Hurley Toys and Book Shop in Burnham High
Street, unwittingly accepted one of the counterfeit notes this week,
along with a further shop in the town centre.
Hurley's Colin Morris told Burnham-On-Sea.com: "It was a very
good £50 counterfeit note that actually passed our security
scan and it was only later that we realised it was a fake. We are
now £50 out of pocket and I would advise others to be wary
if accepting £50 notes."
two incidents in Burnham comes as Crimestoppers has this week issued
advice to the public on spotting counterfeit banknotes.
says there have been several reported incidents in the region where
buyers have been turning up in person to use fake notes to pay for
items sold on Gumtree, Facebook and other buy-and-sell websites,
leaving sellers out of pocket.
less than 1% of notes in circulation are counterfeit, it says this
is not a victimless crime since many retailers, businesses, schools,
charities and the elderly have been conned out of money using fake
Crimestoppers says the signs to look for include:
On paper banknotes:
Feeling for raised
print across the words Bank of England
Holding the note
up to the light to check the watermark
Looking for the
metallic thread running through every genuine paper note
On the new polymer £5 note:
Checking the see-through
window and the portrait of the Queen
Looking at the
Elizabeth tower to check it is gold on the front of the note and
silver on the back
Checking the foil
Crimestoppers Mark Hallas says: "We want to raise awareness
of counterfeit money, especially around Christmas when there are
more transactions happening and money can be tight. Purchasing counterfeit
notes can be tempting and many people do not realise that, not only
are these notes completely worthless, but knowingly holding or passing
them on is a crime."
Crosland, Senior Manager of the Banknote Education team at the Bank
of England, added: "Christmas is a busy time for both retailers
and the public, and unfortunately it provides an opportunity for
criminals to pass on counterfeit notes as payment. While we work
hard to stay one step ahead of fraudsters, it is important people
check security features on the £5, £10, £20 and
£50 banknotes when they are passed in transactions."
Readers with information about those making, selling or buying counterfeit
notes can contact Crimestoppers anonymously on 0800 555 111 or through
the anonymous online form at fakenotes.co.uk.