Saint John police warn of counterfeit money after recent reports

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Saint John, N.B. police are warning the public about counterfeit Canadian bills after receiving five complaints in the past few weeks.

The fraudulent bills have Chinese characters printed on them that translate to “prohibited for circulation,” according to a statement by the Saint John police fraud unit.

Police say denominations of $100, $50, $20 and $10 have been recovered so far.

The bills feel like paper, rather than plastic, and lack the security features of real Canadian currency, according to a statement.

Similar counterfeit currency was reported in Saskatchewan earlier this year.

Read more at CBC News

This article is summarized by Canadian Fraud News Inc.