British Columbia

B.C. police warn of bogus $100 hologram bills

Counterfeiters have already started churning out fake versions of Canada's new $100 polymer bills, but police say it's easy to spot the difference in the transparent strip.

Two counterfeit banknotes found in New Westminster

Fake bills lack the flag and the numbers, New Westminster police say. (Police handout)

Counterfeiters have already started churning out fake versions of Canada's new $100 polymer bills, but police say it's easy to spot the difference in the transparent strip.

New Westminster police say two fake hologram $100 bills have already been found at a local business and a major bank.

But Sgt. Diana McDaniel said the difference between the real thing and the counterfeit bills is clear.

A real bill clearly shows the flag and rooftop of Parliament Hill's Peace Tower in the hologram window, along with the number 100, repeated several times.

"But on the counterfeit $100 bills, the 100, the rooftop and flag are clearly not present," said Sgt. McDaniel.

Investigators are still trying to find the source of the bogus bills.

The new $100 bill was introduced in November 2010, the first in a series of "secure" polymer banknotes introduced by the Bank of Canada, largely to thwart counterfeiters.

New $50 and $20 bills are also in circulation, with $5 and $10 coming in November.