FAKE CANADIAN FAKE TWO-DOLLAR COINS SEIZED

A Richmond Hill man is facing charges after RCMP identified and seized 10,000 counterfeit toonies.

The charges stem from an investigation dating back to last summer, when the Royal Canadian Mint discovered an ongoing counterfeit currency problem through their random sampling process. From there, the Greater Toronto Area's Trans-National Serious and Organized Crime Section opened an investigation that focused on finding those who were involved in the circulation of the faulty coins.

 

Counterfeit Toonies: The genuine coin on the left versus the counterfeit on the right. Genuine: Fine details of the bear's paws. 2a: The polar bear's paw is misshapen.

During this time, Mounties seized about 10,000 fake two-dollar coins, which had been distributed in the banking system and had one specific detail flaw that distinguished them from real coins. The main way to identify these counterfeit coins is the split-toe on the right front paw of the Polar Bear side of the coin, which instead resembles a claw.

Daixiong He, 68, is charged with uttering counterfeit money and possession of counterfeit money. He was arrested and released on an undertaking but is set to appear in a Newmarket court on June 2.

To read the complete article, see:
Don't be fooled by fake toonies: RCMP seizes thousands of fakes with a botched polar bear 'claw' (https://sports.yahoo.com/fake-toonies-rcmp-counterfeit-171211935.html)

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