Lloydminster RCMP warn public after spike in counterfeit currency

LLOYDMINSTER— RCMP are urging businesses and residents in Lloydminster to be cautious after a recent rise in counterfeit Canadian banknotes being passed in the community.

Police say officers have responded to several reports in recent weeks of people attempting to use fake bills at local businesses. Similar complaints have also surfaced in the Edmonton area.

Investigators believe some of the counterfeit currency in circulation is higher-quality than typical reproductions, making it harder for staff to detect without close inspection.

RCMP are advising businesses to carefully check all denominations — particularly higher-value notes — and ensure each bill has a unique serial number. Owners and staff are also encouraged to familiarize themselves with security features such as raised ink, transparent windows and holographic elements.

Police say anyone who suspects a bill is counterfeit should refuse the transaction and contact RCMP. Businesses are also asked to keep surveillance footage and note descriptions of individuals involved when it is safe to do so.

“Counterfeit currency directly impacts local businesses and our community’s economy,” Sgt. Christopher Byford said in a statement. “We are asking business owners and staff to stay alert and take a moment to verify bills during transactions.”

Lloydminster RCMP are working with other detachments and financial institutions as part of the investigation.

Anyone who believes they have received a counterfeit bill, or has information about the incidents, is asked to contact Lloydminster RCMP at 780-808-8400. Anonymous tips can be submitted to Crime Stoppers at 1-800-222-8477 or online through the P3 Tips app.