On December 13, Sterling, Illinois Police reported several of the bills were found by a bank when deposits were made from area gas stations.
Read that story – click here.
Now it’s happening again. This time, in Clinton, Iowa.
Police there say several businesses reported receiving counterfeit $50 bills.
As in the Sterling cases, each of the phony bills bears an identical serial number. The counterfeits are actually $5 bills washed and made to look like $50 bills.
When tested with a currency marker, some of the fakes are testing positive as genuine U.S. currency.
How to spot the fakes
The counterfeit $50 bills found in Clinton each have the serial number IB 29088221 B. The fake bills had an image of President Lincoln’s face watermarked to the right of President Grant’s face. The “USA FIVE” watermark is printed vertically across the bill, indicating it is actually a $5 bill.
Watermarks are often most-visible when light is passed through the bill.
In the Sterling-Rock Falls cases, the number 4 was hand written inside a circle on the face of the counterfeit bills. The serial number on the Sterling-Rock Falls bills was not the same as those found in Clinton.
Anyone who thinks they received counterfeit currency should contact police. Try to document when and where the currency was received and a description of the person who provided the currency including their vehicle description and license plate number if possible.
Anyone with information is asked to contact Clinton Police at (563) 243-1458 or Clinton County Crime Stoppers at 1-888-883-8015.