Man arrested in Timaru counterfeit money investigation

Man arrested in Timaru counterfeit money investigation
Photo credit: Newshub

Timaru police have arrested a 31-year-old man following a counterfeit money investigation.

Police say a member of the public contacted them after being given fake $50 notes.

The man has been charged with possessing forged banknotes and police aren't ruling out further charges. He will appear in the Timaru District Court next week.

"Police want to remind businesses and individuals to be vigilant when possessing cash, particularly $50 and $100 denominations," a police spokesperson says.

"Counterfeit notes have a distinctive paper feel as opposed to genuine bills which are made of tear-resistant polymer.

"Counterfeit bills also have irregularities with the clear window in the note, which if examined carefully is recognisable."

Anyone in Timaru who comes into contact with counterfeit money is urged to contact Constable Sam Bellett on samuel.bellett@police.govt.nz, or by calling 105.