Antigua: Public warned against fake money

Antigua: Public warned against fake money

Antigua Observer:-The Royal Police Force of Antigua & Barbuda (RPFAB) is once again asking residents to be wary of counterfeit currency, this time EC $20 notes which it said it has collected from tourists this week.

A December 6 police press release stated, “It is believed that the fake monies were passed on to the visitors as change. The matter is currently under investigation…

“The general public is advised to be extremely cautious when conducting financial transactions, especially around this time, going into the Christmas season.”

Through its website eccb-centralbank.org, the Eastern Caribbean Central Bank (ECCB) has informed the public on how to spot fake notes in circulation.

The site explains that whereas the counterfeiting process used to be tedious and costly and required large printing presses and the ability to cut intricate designs by hand into metal plates, in the modern day it only requires a personal computer, a scanner and a colour inkjet printer.

Fake money can then be made in just about 10 minutes.

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