Some counterfeit bills have been showing up in area banks and businesses recently.
Defiance Police have investigated multiple reports of counterfeit $20 bills. Businesses in Paulding County were also alerted recently of circulating counterfeit bills after several business, particularly gas stations, reported them.
Midwest Community Federal Credit Union has reported three counterfeit bill incidents just since mid-August.
Police say that suspected bills are sent to the U.S. Secret Service, either by the police department or the financial institution, to determine their validity. If the money is found to be counterfeit it remains with the Secret Service, otherwise it is returned.
They say identifying counterfeit bills often depends on the series of the bill and its security features, but common ways are to look for water marks and the bill’s security strip as well as the quality of the paper.
Police also say that those counterfeit marker pens aren’t always reliable. They only check the paper quality, and some counterfeiters use a type of spray that reacts with the marker pen, making it appear to be legitimate. At the same time, something could get on a legitimate bill which would make the pen show it as fake.