The new polymer bills were touted as having very hard to counterfeit features, and people apparently believed what they were told — because they haven’t been bothering to check the new bills:
Less than two years ago, the head of the RCMP said Canada’s new polymer bank notes would go a long way in deterring the threat of counterfeiting.
Just last month, the Bank of Canada announced the notes’ sophisticated transparency and holography made them “the most secure bank note series ever issued” by the institution.
Too bad somebody forgot to tell criminals in British Columbia.
Mounties and municipal police in Metro Vancouver are warning the public that several of the fake $100 bills have been detected in the region over the past few weeks.
The fanfare about the security features on the bills, may be part of the problem, said RCMP Sgt. Duncan Pound.
“Because the polymer series’ notes are so secure … there’s almost an overconfidence among retailers and the public in terms of when you sort of see the strip, the polymer looking materials, everybody says ‘oh, this one’s going to be good because you know it’s impossible to counterfeit,'” he said.
“So people don’t actually check it.”
