Police: Counterfeit money making its way around ND cities

Author:
Updated:
Original:

Authorities in two North Dakota cities are reporting a sudden uptick in the use of counterfeit bills.

In Fargo, Sgt. Carlos Nestler told The Forum funny money (anything from $5 to $100 bills) have been popping up in the city for the past month or so. An official told the paper they're not sure whether all or some of the instances are connected.

Meanwhile, 100 miles west, police in Jamestown say they've gotten five reports of funny money being used at local businesses recently, all using either, $5, $50 or $100 dollar bills, Valley News Live reports.

This embed is invalid

It's been a problem recently.

A couple weeks ago, police did arrest a man suspected of using fake bills in Fargo, KFGO reported. They said at the time that counterfeit cash had been spotted in West Fargo, Moorhead and Wahpeton as well.

In fact, police had warned about such a scam nearly a month ago, the Wahpeton Daily News said when the fakes first started being used more.

Fake cash: How much is out there?

There's a decent amount of funny money floating around.

In 2013, $88.7 million in counterfeit currency was recovered in the United States, Bloomberg reported.

Though the amount of money actually in circulation is staggering. As of March 11, the Federal Reserve had it pinned at $1.31 trillion in actual notes. So the percentage of fakes actually appears to be pretty low.

The Federal Reserve tries to stay ahead of counterfeiters by introducing new versions of bills with added security features. Check out CNN's rundown of the enhanced $100 bill introduced in 2013.

The Secret Service details ways to quickly spot counterfeit cash, including checking the portraits, the point son the seals, and more. Here's one example:

If you suspect you may have gotten passed a fake bill, here's what the service says to do.

Next Up

high school football

Minnesota Football Showcase postponed due to COVID-19

The MFCA All-Star Game will be played in June 2021.

Screen Shot 2020-10-31 at 7.26.05 AM

Here's what President Trump said on his visit to Minnesota

The president targeted Gov. Tim Walz and Keith Ellison at his Minnesota rally.

Screen Shot 2020-10-30 at 6.09.58 PM

Here's what Joe Biden said in Minnesota Friday

Presenting himself as the candidate for a united country, he pledged improvements on affordable healthcare, pandemic relief

Mohamed Ibrahim

Missed PAT seals Gophers' fate against Maryland

Mohamed Ibrahim tied a school record with four touchdowns, but the Gophers lost in overtime.

dnr trout stocking helicopter

DNR uses a helicopter to more efficiently stock lakes with trout

In the past, the DNR used airplanes to stock remote lakes with fish, but the survival rate of the fish was only 85%.

steve simon zoom call

Secretary of State explains plans for segregated absentee ballots

Election officials are reminding voters that it's too late to mail in your absentee ballots.

Halloween, trick-or-treating

Osterholm on safe trick-or-treating: 'I would say go ahead with it'

The infectious disease expert's opinion doesn't align with the CDC's guidance.

drop and go ballot plymouth

It's too late to mail your ballot, but you can still vote. Here's how.

Voters can drop off their absentee ballot, vote early in-person or head to the polls on Election Day.

2019-12-11 f1rst Wrestling Hanukka Havok-Darin Kamnetz-154

Dusting itself off after virus blow, F1rst Wrestling returns to the ring this Sunday

Minnesota's premier independent wrestling company was on top of the world before the virus hit.

1024px-McD-McRib

McDonald's is bringing the McRib back in December

It hasn't appeared on menus for eight years.

Related