COUNTERFEIT BANKNOTES CIRCULATE FREELY IN CUBA

Fake banknotes are circulating in the Cuban capital Havana, but although they are fairly easy to spot, residents pass them from hand to hand with apparent unconcern.

“No one bothers to check whether a banknote is fake,” taxi driver Rafael García said. “Just as I will accept it, I’ll hand it back to [other] customers.”

García said he had no idea where the banknotes came from, adding that the police did not seem to be doing anything about it.

There have been no official announcements about the counterfeit notes, which come in ten- and 20-peso denominations.

The fakes are easy to identify on inspection – the ten-peso notes are the right colour, but are missing a watermark depicting Cuban revolutionary Celia Sánchez. The 20-pesos are watermarked with the correct image of Camilo Cienfuegos, another revolutionary hero, but are greener than the blue of the originals, and the colour runs.

Havana resident Michel López warns, “The day people run into legal trouble is the day they’ll start having to take the use of counterfeit money seriously.”

To read the complete article, see: Fake Banknotes in Havana (iwpr.net/report-news/fake-banknotes-havana)

Wayne Homren, Editor

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