Fake Mandela money in circulation: Here’s how to spot a fake note
A local pub in Ladanna had several fake new bank notes being offered as payment recently.
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POLOKWANE – “I never realised the notes were fake until I went banking after the weekend. At the bank I found out that fake notes had been given through over the weekend and this meant that I lost some money.
“Luckily it was not a lot and a managed to make up for the loss but it is a problem to go and stand with a red face and explain where the fake money comes from,” Tercia Erasmus, a manager at the pub told Review.
Another business manager in the city told Review that he also lost some of his income when a client paid several thousand of Rands in cash, and several of the notes he found were also fake.
“The problem is that when you deal with a lot of money at one time you need to take the time and look through note after note, there sometimes is just not enough time. This was an expensive lesson to me and the business,” Micheal Makoma told Review.
The Spokesperson for the Police in Limpopo Col. Moatshe Ngoepe said there had not been any cases reported that he knows of in the recent past. He says people need to report such cases as soon as possible for investigation.
He urged people to check on the safety features on the bank notes and make sure they understand what to look for.
“If you are not sure, do not accept the money and make sure your employees know what to look for,” he says.
He also urged people to try and keep from using large amounts of cash at a time as this makes the chance of face notes slipping in a lot bigger and also may cause them to be a target of other crimes like robbery.
Some of the features that people can look out for include:
• At the front of the note feel that the lines on the bank note edge stand out from the rest of the note.
• Make sure the number on the top and side of the note are the same.
• The big numbers at the right hand side of the note must change colour when you move the note.
