News

Gold Coast police investigate 57 counterfeit cash incidents

POLICE officers are investigating 57 incidents on the Gold Coast where fake $50 and $100 bills were used to buy items.

The offences happened in a range of retail and online websites in areas including Southport, Biggera Waters, Robina, Surfers Paradise and Parkwood.

Police say the counterfeit money is circulating around the area as an identified crime trend.

Detective Acting Senior Sergeant Dane Sheraton said counterfeit notes looked real in photos but could be detected through feeling the notes and identical serial numbers.

 

The bills have been found in areas like Southport, Surfers Paradise and Parkwood. Photo: supplied

“Advice on how to identify counterfeit notes is available through the Reserve Bank of Australia website, but you should check notes for the security features including the coat of arms watermark, 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,” he said.

Police are urging business owners and employees to be mindful of people using large value notes for low value purchases.

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New $10 Note Released

The $10 note has been released today (9 20/09-17)

The $10 banknote celebrates two famous Australian writers, Dame Mary Gilmore and AB ‘Banjo’ Paterson. Their work is recognised in several design elements on the banknote, including images of a pen nib in two of the clear windows and excerpts from their poems No Foe Shall Gather Our Harvest and The Man from Snowy River in micro-print.

Innovative new security features have been incorporated in the new $10 banknote to help keep them secure from counterfeiting. These security features are similar to those in the $5 banknote issued in 2016, such as the top-to-bottom clear window and the patch with a rolling colour effect.

Visit the RBA for more details:-

http://banknotes.rba.gov.au/banknote-features/#-new-ten-ab-banjo-paterson

New $10 note design Revealed

The new Next Generation $10 banknotes will be released on the 1st of September 2017. Prefect Agencies in collaboration with the RBA have ensured that our range of devices are already compatible for the new $10 note.

The release of the remaining denominations will be progressively introduced in the following 2 years , with the $50 expected to be the third release

All the machines on this website are capable of processing the NGB $10 banknote and be assured that all the subsequent RBA note releases will be free of charge for any device purchased from Prefect Agencies.

The SB5, SB7, SB9, SB5000, J-717 and the CountEasy are already shipping with the NGB $10 upgrade.