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Public warned: Watch out for fake $50 bills

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Members of the public are asked to be on the lookout for counterfeit $50 bills.

A video circulating on social media yesterday noted the differences among the first publication of the $50 bill, the second one made for the visually impaired and another questionable bill.

The maker, who titled the video “counteraction”, noted that with the last bill there was no transparent strip on it, the bird was smaller and the colour was washed over and faded.

“For all the people working in banks and they know... watch the difference, watch the quality. Check it now. You have to be blind not to notice. Look at this bird here.

“That is because it is counterfeit, it is just pure paper, they copy it. Oh gosh,” he said.

In a brief telephone interview yesterday Nicole Crooks, senior manager, human resources and knowledge management and corporate communications at the Central Bank, said she had seen the video.

“There are clever people and we have to do our job and let the public know what to look for. It is something we have always done. We do a money series especially around Carnival time,” she added.

Crooks said during that time of festivities, especially at night, there are volumes of transactions when people are “changing hands.” 

She said the Central Bank would run an education session so the features would be highlighted with warning programmes. 

However, Crook said they were not aware of any counterfeit bills circulating at the moment.
“We have seen the video and it fell in line with it (Carnival time). I can’t validate that,” she added.


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