R500k counterfeit cash recovered

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November 30, 2016
R500k counterfeit cash recovered

CREDIT: File image

The perpetrator was allegedly producing the fake notes at home.

A suspect has been arrested in Durban for allegedly manufacturing counterfeit cash.

Police recovered R500 000 counterfeit money in South African currency, two printers and different bottles of ink that was used to produce the fake notes from a home in Montclair south of Durban, KwaZulu-Natal Police said on Wednesday.

Police spokesperson Priya Nunkumar said a suspect was arrested and would appear in court soon.

Ethekwini Inner South Cluster Commander Major General Keerath Nunkumar commended members for apprehending the suspect.

“We will have a zero-tolerance approach on counterfeit money which is widely circulated in our community. All businesses and members of the community must be cautious when accepting money.”

How to spot the fake banknotes

  • The watermark – shadow picture of an animal – embedded on the note is visible on the front left of the note when held up to the light. A denomination value has been added.
  • When holding the banknote up to the light, an “R” is formed by a two-part print on both sides of the note.
  • A security thread is on the front of the note as a silver line. Held up to the light it makes a solid dark line.
  • On the R10 and R20 notes the thread remains two millimetre wide with the letters “SARB” and a denomination numeral.
  • The R50, R100 and R200 notes now have a four-millimetre-wide security thread with the text “SARB” and “RAND”, a denomination numeral and a holographic image of the coat-of-arms, which shows when the note is tilted.
  • Every banknote has a unique serial number made up of letters and numbers. No two banknotes are the same.

Features you can feel

  • A banknote has a distinctive sound and feel when flicked between the fingers. This comes from a combination of the cotton paper used and the intaglio, or raised printing, on the note.
  • Features you can see by tilting the note
  • The denomination value on the R50, R100 and R200 notes is printed in colour-changing ink, on the front bottom right. It changes from green to gold on the R50 and R100 notes, and from magenta to green on the R200 note.
  • The R50, R100 and R200 notes have a holographic coat-of-arms in the security thread.
  • A shimmering gold band with the coat-of-arms and the denomination value appears on the back of all new notes.
  • A hidden image is contained in the geometric shape on the front, which shows the denomination numeral.
  • Features for the blind include a raised diamond on the middle of the note, at the bottom of the front. The diamond indicates the denomination, ie R10 – one diamond; R20 – two; R50 – three; R100 – four; and R200 – five.
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