Police in Clare, Michigan are on the hunt for counterfeiters after fake $100 bills were discovered at an Isabella Bank branch.
Five Fake Bills Found
At least five fake $100 bills, all with the same fake serial number, were deposited by local businesses over the weekend. The bills were discovered by bank staff, and police are now looking to interview anyone who may have encountered the counterfeit money.
Counterfeit Cash on the Rise
This incident is just one example of the growing problem of counterfeit cash in the United States. The US Secret Service reported seizing $21.8 million in fake currency last year, leading to 197 arrests.
Technology Makes Counterfeiting Easier
While the value of counterfeit seizures has decreased in recent years, the Secret Service warns that counterfeiting techniques are becoming more sophisticated. Advances in technology, like high-quality printing and scanning devices, make it easier for criminals to create convincing fake bills.
Be Aware of Counterfeit Money
The Secret Service urges everyone to be vigilant and learn how to spot counterfeit money. If you suspect you’ve received a fake bill, contact your local police department.