Hugh: RCMP Have Identified Counterfeit Toonies, Here’s How to Spot Them
Published on May 12th, 2022 @ 6:20 PM
The Royal Canadian Mounted Police have identified and seized a large number of counterfeit two-dollar coins in circulation. The investigation into the fraudulent “toonies” began last summer and since then, a 68-year old Ontario man has been arrested and charged. Through the investigation police seized approximately 10,000 of the counterfeit coins, which had been placed into the Canadian currency system, but police believe some may still be in circulation. RCMP say that the coins originate from China and “can be distinguished by their primary characteristic flaw of having a ‘split-toe’ on the right front paw of the polar bear,” resembling a claw. An image of the identifiable flaw can be seen below, as provided by the RCMP.
If you suspect you’re being given a counterfeit note during a transaction, politely refuse it and ask for another one. It’s also a good idea to advise the person to check with local police about it, since they may not realize the money is suspicious. If you suspect you’ve received a counterfeit note after a transaction, hand it over to local police, who will return it to you if it’s real.