Port Moody Police Department
Media Release

 

DATE: April 5, 2018

SUBJECT: Counterfeit currency
On January 30, 2018 the Port Moody Police Department received a report of a
counterfeit $50 US bill having been recently passed at a local business. Video
surveillance of the incident was reviewed and a 40 year old Coquitlam male was
ultimately identified as the suspect.
In late March members of the Port Moody Police Department located and arrested this
male. A search warrant was executed on a residence associated to him and additional
counterfeit currency was located. This included both Canadian and US, in variety of
denominations, and amounted to approximately $2000.
On April 4, 2018 members of the United States Secret Service attended the Port Moody
Police Department and confirmed that the US currency seized was in fact counterfeit.
The Port Moody Police urge people to be cautious when conducting cash transactions
and recommend that they try to confirm at least two of the security features on any
notes they are receiving. Details on the security features of both Canadian and US
currency can be found here:

https://www.bankofcanada.ca/banknotes/counterfeit-prevention/

https://www.uscurrency.gov

 

This matter is still under investigation and charges have not yet been approved.

 

Sergeant Brad Sheridan
Port Moody Police Department
Community Action Team
604-461-3456