Wellsville police investigate counterfeit cash reports - WFMJ.com News weather sports for Youngstown-Warren Ohio

Wellsville police investigate counterfeit cash reports

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It seemed like a one time fluke with fake money.

"We just got a call from the bank this week, and they advised they had a fake twenty," said Wellsville Police Lt. Marsha Eisenhart.

But when counterfeit cash continued to pop up in the Wellsville CF bank night deposit box during the week, and then again Wednesday morning in the bank's safe, Lt. Eisenhart says it was no coincidence.

Counterfeit cash is circulating through the village.

"The next day they got another one in one of their drops and they believe both of the drops were from local businesses here in Wellsville that someone had passed them and it had the same serial number as the first," said Eisenhart.

The Secret Service says counterfeit money is not extremely common.

Out of the 1.2 trillion genuine dollars circulating in the US, .01% are counterfeit.

20 dollar bills are the most common form of counterfeit money, but when it comes to fake money, someone still has to pay.

"Especially the businesses, if they give them 60 dollars worth of stuff and after they leave, they find out that 20's bad then they're going to be out that money," said Eisenhart.

All of the counterfeit cash in the Wellsville case has been turned over to the Secret Service.

In the meantime, police are asking local businesses to check their bills with markers.

They're also advising the public to keep track of where their money comes from, so the next time a fake bill pops up, they won't be on the losing end.

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