Posted: Thursday, April 2, 2020. 4:57 pm CST.
By BBN Staf: The Central Bank of Belize and the Financial Intelligence Unit issued an alert to inform the public of the circulation of counterfeit Belize currency notes.
The public is urged to become familiar with the security features of the currency notes issued by the Central Bank of Belize.
Recognizing the security features will protect the public from fraud committed using counterfeit Belize currency notes.
Three key and easily identifiable security features are described below, while a more detailed explanation could be found on the Central Bank of Belize’s website at https://www.centralbank.org.bz/currency/security-features.
Key Security Features of Belizean Currency Notes:
Any member of the public who suspects that he/she is in receipt of a counterfeit currency note is urged to take the following precautionary measures:
The Central Bank of Belize has the sole right to issue Belize currency notes and coins, and only such notes and coins issued by the Central Bank are legal tender in Belize.
It is a criminal offence to reproduce Belize currency notes with the intent to defraud. Persons found guilty of this offence shall, on conviction, be liable to imprisonment for up to 10 years.
You are encouraged to report any information on currency counterfeiting to the nearest branch of the Belize Police Department.
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