The Newport Police Department is warning local business owners to keep an eye for counterfeit $100 bills.
The department says it is investigating “several cases” in which the fake bills were used n area businesses.
“Businesses should take care to ensure they are only accepting authentic currency, and should take these steps to protect themselves,” said Chief Seth DiSanto said. “Our officers are working in close partnership with the Secret Service and other law enforcement agencies to identify whoever is responsible for these counterfeit notes so that they may be held accountable.”
To protect themselves, police said people handling money should take steps when they encounter a $100 bill to make sure it’s authentic:
Feel the paper: It should feel slightly rough to the touch
Tilt the note: Denominations $10 and higher have color shifting numerals and a liberty bell that change from copper to green when tilted. Additionally, higher denominations feature holographic security ribbons.
Shine a light on the note: Holding the bill to light will expose a water mark identical to the portrait on notes $10 and higher, while $5 notes have two watermarks featuring the numeral 5. Additionally, the security ribbon should be visible from both sides of the note when held to light.
The US Department of Treasury says people who believe they have received a counterfeit note should not handle the bill but place it inside a protective container before calling police,