Counterfeit currency poses a significant threat to businesses and individuals alike, as it can easily circulate undetected if not properly identified. Recently, a business on Main Street in Crosby fell victim to counterfeit money when they unknowingly accepted a fake $20 bill. Upon closer inspection, the bill displayed markings such as "For Motion Picture Use Only" and "In Copy We Trust," revealing its illegitimacy. This incident serves as a stark reminder of the importance of vigilance when handling cash transactions.

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Counterfeit Money
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Counterfeiters often target small businesses and individuals who may not have the resources to detect fake currency. However, there are several measures you can take to protect yourself from falling victim to counterfeit scams, according to the US Secret Service:

  1. Be Diligent: Take the time to thoroughly inspect any cash transactions, especially larger denominations. Look for security features such as watermarks, security threads, and color-shifting ink.
  2. Use Counterfeit Detection Tools: Invest in counterfeit detection pens or ultraviolet lights to verify the authenticity of bills. These tools can quickly identify fake currency by detecting certain properties that genuine bills possess.
  3. Stay Informed: Familiarize yourself with the security features of legitimate currency. The U.S. Currency Education Program provides resources and training materials to help individuals recognize genuine bills.

If you suspect that you have received counterfeit money, it is crucial to take immediate action. Contact local law enforcement authorities or the U.S. Secret Service to report the incident. In the case of the counterfeit $20 bill in Crosby, individuals are urged to reach out to the Divide County Sheriff's Office at 701-965-6461.

By remaining vigilant and knowledgeable about counterfeit prevention measures, you can help protect yourself and your business from falling victim to counterfeit scams. Remember, a few moments of scrutiny can save you from significant financial loss in the long run.

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