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Counterfeit bills found in Fairbanks

Posted: Thursday, January 27, 2005

FAIRBANKS (AP) — Merchants are being warned to examine closely any big bills they receive because counterfeit money is circulating in Fairbanks.

According to Alaska State Troopers, fake $100s, $50s and $20s are turning up at numerous locations. At least eight counterfeit bills have surfaced since Jan. 17 at businesses such as Taco Bell, Subway and Wells Fargo Bank, said trooper James Burton.

The Alaska Division of Motor Vehicles is a victim. It received a counterfeit $20. And the University of Alaska Fairbanks business office was passed a fake $100, Burton said.

He said obvious flaws include lack of a ''U.S. $100'' security strip or a Ben Franklin hologram. Also, some of the fake bills are not centered properly on the paper. And the counterfeit $100s have the same serial number.

''Some of the businesses aren't even catching them,'' Burton said. ''They are going to the banks and depositing them there.''



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