Fake cash on the rise across the Gold Coast

GOLD COAST businesses are being urged to keep an eye out for counterfeit money during the holiday period.

The Gold Coast Major and Organised Crime Squad is looking in to several reports of people manufacturing and distributing counterfeit $50 and $10 notes across the Coast.

Detective Inspector Knowles has urged businesses as well as the community to be mindful of people using large value notes to make low value puchases.


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“In many of the transactions involving counterfeit notes we are seeing people buying a soft drink and handing over a fake $50 note to get legitimate money back,” Detective Inspector Knowles said.

“Shop attendants and business owners should check notes for the security features including the coat of arms watermark, the red and green diamond-shaped pattern lining up correctly, the clear plastic window is part of the note and not stuck on, and the Southern Cross stars look genuine and do not scratch off with moderate rubbing,” said Detective Inspector Knowles.

For information on how to spot a dodgy note click here.

Anyone who may have any information concerning the manufacturing and distribution of these notes is urged to contact Crime Stoppers.

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