Corinth Police Chief Ralph Dance said he believes his department stopped the latest source of bills circulating in the city. However, “We would caution everybody to check their twenties and their hundreds,” he said.
Some counterfeit twenties popped up at local businesses.
“I think we’ve had about 15 that came through,” said Dance. “There was not an arrest made, but we were able to track them back to a source. He said he got them from somewhere else and didn’t know they were counterfeit.”
The Lee County Sheriff’s Department confiscated more than 20 fake $100 bills on Wednesday. Some of the bills, which are believed to be “prop money” purchased off the Internet, were used to purchase a four-wheeler advertised for sale on social media.
If a business receives a counterfeit bill from a customer, it is important not to hand it back to the customer. It should be reported to the police department in order to be taken out of circulation and turned over to the Secret Service.
On the current $20 bill, one of several things to check is the “20” in the lower right corner — it shifts color as the bill is tilted. When the note is held up to the light, a watermark image of President Jackson is visible on both sides. It also has a visible security thread that glows green under UV light.
The marking pens used by some businesses to check bills do not work on notes made before 1960.