Sierra Wave Media

Eastern Sierra News for June 14, 2024

 

 

 

 

Please beware of counterfeit U.S. currency. Local cashiers, business owners, and bank tellers  are asked to be on the lookout for fake $20 and $100 bills.  The $20 and $100  bills are the same size as real bills with the same design with exception of some Chinese characters printed on both sides, and a dotted black line in one corner.

In early July, the Inyo Sheriff’s Office reported that they had recovered counterfeit  $100 and $20 bills. At least one Bishop area merchant and one restaurant received seven of these fake $20 and $100 bills in the last week or so and tried to deposit them into a local bank.  The bank detected the bills as counterfeit.  Per US  law, the bank is not allowed to return the fake bills to the merchant or restaurant and now that merchant and restaurant are out the face value of those counterfeit bills.

According to Chinese banking sources, these bills were created as training tools for Chinese bank tellers so they could become familiar with American currency and practice counting our currency.  The training money was never intended to leave the training facilities, much less find its way to the Eastern Sierra in circulation.  Yet, they are here.

  The Chinese writing on the bills translates as. “ Not to be used as real currency” and “Bill to be used for counting practice”. Care should always be taken when accepting money and it is worth the extra few moments it takes to verify the authenticity of the currency. If you receive any currency that you believe to be suspicious or counterfeit, please contact local law enforcement. Inyo Sheriff’s Office at 760-878-0383 or the Mono County Sheriff’s at (760) 932-7549.