The E-Sylum:  Volume 10, Number 32, August 12, 2007, Article 26

CANADIAN COUNTERFEITERS SWITCH HOLOGRAPHIC STRIPS

Crooks in Canada are playing switcheroo with a real security feature
on Bank of Canada notes.

"The RCMP are warning the public to be wary of funny money sporting
a genuine security feature.

"Counterfeiters are stripping the holographic stripes off of lower
denomination bills and gluing them onto poor quality $20, $50, and
$100 notes, according to the RCMP Bureau for Counterfeit and
Document Examinations (BCDE).

"What's more, the crooks are taking the genuine notes without the
holographic stripes to banks to be replaced, or pasting $20 stripes
on counterfeit $20 notes, then returning the damaged bills to the
bank.

"The majority of incidents have occurred in Alberta but the bills
have also popped up in B.C., Ontario and Quebec.

"The public and merchants should be on the alert for bills which
have a genuine holographic stripe with a lesser denomination than
the actual bank note."

To read the complete article, see:
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  Wayne Homren, Editor

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