NEWS

B.C. police warn of bogus $100 hologram bills

05/15/2013 07:35 EDT | Updated 07/15/2013 05:12 EDT
Counterfeiters have already started churning out fake versions of Canada's new $100 polymer bills, but police say it's easy to spot the difference in the transparent strip.

New Westminster police say two fake hologram $100 bills have already been found at a local business and a major bank.

But Sgt. Diana McDaniel said the difference between the real thing and the counterfeit bills is clear.

A real bill clearly shows the flag and rooftop of Parliament Hill's Peace Tower in the hologram window, along with the number 100, repeated several times.

"But on the counterfeit $100 bills, the 100, the rooftop and flag are clearly not present," said Sgt. McDaniel.

Investigators are still trying to find the source of the bogus bills.

The new $100 bill was introduced in November 2010, the first in a series of "secure" polymer banknotes introduced by the Bank of Canada, largely to thwart counterfeiters.

- Canada's first polymer money has enhanced security features

New $50 and $20 bills are also in circulation, with $5 and $10 coming in November.

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