Merchants Advised To Check High Denomination Bills More Carefully
The Harrodsburg Police Department has put one person in jail in connection with phony money being passed at local businesses. But the HPD still needs the public’s help finding another man who may be a member in a possible counterfeiting ring.
On Thursday, June 6, at 8:33 p.m., Joseph Paul Simon, 45, of Harrodsburg, was stopped on Mooreland Avenue for failing to signal.
According to the HPD, Simon was found to be in possession of seven phony $100 bills similar to the counterfeits that have been passed at least four different local businesses.
While there is a good probability Simon has either passed the fake bills or is involved with the counterfeiters who have passed the bills, he was not originally wanted for questioning in connection with the case.
“We are still trying to determine if he was involved,” said HPD Major Tim Hurt.
Hurt said counterfeiters usually work in rings, making it easier to pass the bills, which are $100s and $20s.
The counterfeiters are either purchasing fake money online or printing their own. In addition to not having the same texture or official watermarks as legitimate money, some of the bills are clearly marked, “For Motion Picture Use Only.” But the counterfeiters usually strike when merchants are at their busiest, Hurt said.
The HPD is asking local businesses to pay more attention to what
customers are buying with higher denomination bills. Paying for a small purchase with a big bill can be a sign that someone is trying to pass funny money. In any case, with so many fakes being passed around, cashiers need to examine cash more carefully.
“Take a closer look at the bill,” Hurt said.
Simon is charged with failure to/improper signal, failure to wear seat belts, operating a motor vehicle under the influence of alcohol/drugs, possession of an open alcoholic beverage container in a motor vehicle, possession of marijuana, operating on a suspended/revoked operator’s license and 1st-degree criminal possession of a forged instrument—currency/credit card. He is being held on a $10,000 bond at Boyle County Detention Center. Patrolman Blake Darland (HPD) made the arrest. Anyone with information should call the HPD at 734-3311.
Identifying Phony Money
- Security thread and watermark. Starting with the $5 bill, every denomination contains a security thread and a watermark. The security thread for the $100—which is imprinted with small letters reading “USA” alternating with “100”—glows a specific color when exposed to ultraviolet light.
- 3D Security Ribbon. The bells printed on the ribbon change to “100” when tilted. Rotated vertically, the bells and the “100”s move up and down. When you tip the bill around its wider edge, they move side-to-side.
- Color Shifting Ink. The bell in the inkwell and the large numeral “100” in the lower right corner of the front of the note should shift color from copper to green as the note moves.
- Portrait watermark. A second, fainter portrait of Benjamin Franklin can be seen off to the side of the first one. It is partly overlapped by the Treasury seal and visible from both sides of the note. For more money security features, visit uscurrency.gov.
Find the rest of the story on page 1A of this week’s issue of the Harrodsburg Herald or click here to subscribe.