I'm surprised you of all people fell for a hoax, Finnet. Is that...

  1. 20,020 Posts.
    lightbulb Created with Sketch. 870
    I'm surprised you of all people fell for a hoax, Finnet. Is that why you got suspended, LOL? See you back soon.

    "Fake note warnings incorrect, RBA says

    BY BIANCA HALL
    06 Dec, 2010 01:00 AM

    The Reserve Bank of Australia says people with suspect $50 notes shouldn't hand them over to police without checking them carefully.

    After high-profile counterfeit arrests hit headlines about two weeks ago, emails and rumours have swept the ACT and NSW about fake $50 notes, and how to spot them.

    The emails advise people to check two indicators: that the notes have the names of Edith Cowan and David Unaipon printed beneath their portraits, and that the Governor's signature is above the Treasury Secretary's signature.

    The only problem is, information in the email is as false as the scam it purports to warn people against.

    Reserve Bank spokeswoman Vanessa Crowe said the emails had been circulated after high-profile counterfeit raids on October 24.

    ''There are two designs in circulation of the $50 note,'' Ms Crowe said.

    ''If you were to get more than a hundred dollars out of an ATM at any one time, you're likely to get two different types of notes.''

    In 2002, the design of the $50 notes was changed to place the Governor's signature above that of the Secretary to the Treasury. Genuine banknotes produced before 2002 many of which are still in circulation have the signatures in reverse.

    There are, though, some fake notes in circulation, the AFP says.

    On October 24, police recovered $385,000 in ''high quality'' counterfeit notes, three commercial printing machines and cocaine in raids in Sydney's eastern and south-western suburbs.

    ''The notes are a very high quality,'' Australian Federal Police commander David Steward said yesterday.

    Police say one of the best ways to determine the current crop of fakes is to try scratching the translucent window with a fingernail the Southern Cross will scratch off on a counterfeit note."

    http://www.canberratimes.com.au/news/local/news/general/fake-note-warnings-incorrect-rba-says/2017184.aspx
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.