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Warning over fake $50 bills

Fake $50 notes.

Police are asking members of the public to be alert after several fake $50 bills were received by a Dockyard store.Chair of the Bermuda Chamber of Commerce’s retail division Paula Clarke said a store in the Clocktower Mall accepted three counterfeit bills on Monday.“We contacted the banks, the police and the main office of the Chamber of Commerce,” Ms Clarke said. “I’m sure they will in turn notify their members.”The bills, which resemble the older Bermudian $50 bill with a horizontal layout, reportedly lacked some security features such as a fish watermark.A spokesman for the Bermuda Police Service said the Financial Crime Unit is aware of counterfeit bills in circulation, specifically Bermuda and US $50 notes.“The public is encouraged to check for the incorporated security features of genuine currency such as paper quality and embedded watermarks,” the spokesman said.“The public is also reminded that it is a criminal offence to pass to another, possess, make or reproduce any counterfeit currency, punishable by up to five years in prison.”Anyone with any information is asked to contact the Financial Crime Unit at 295-0011.