A surge in counterfeit currency has been plaguing local businesses in Wilmington, North Carolina, with one prominent establishment, Slice of Life, reporting significant losses. General Manager Danny Rose disclosed that nearly $500 worth of fake $50 and $100 bills were discovered during a recent bank deposit. The issue primarily arises during peak business hours when staff are less likely to detect the fraudulent notes immediately. This financial blow impacts employee wages and operational improvements, raising concerns about the circulation of counterfeit money in the area. Authorities have advised vigilance and provided tips for distinguishing between genuine and counterfeit bills.
The counterfeit crisis at Slice of Life stems from a sophisticated scheme involving high-denomination fake bills. According to Rose, these incidents often occur during busy periods when servers and bartenders handle transactions rapidly. Once customers leave the premises, it becomes challenging to address the situation effectively. The restaurant's management is keenly aware of the implications, as this lost revenue could otherwise fund employee bonuses or salary increases. Despite suspicions, Rose emphasizes that most individuals using counterfeit money may not be fully aware of its illegitimacy.
Scott Murphy, a detective with the Wilmington Police Department, highlights the telltale signs of counterfeit currency. Genuine bills possess a distinct texture, whereas counterfeit versions tend to feel smoother or thinner, resembling ordinary paper. Authentic bills feature embedded images and numbers, along with off-centered presidential portraits. Detective Murphy advises comparing questionable bills with verified ones to ensure authenticity. Furthermore, he warns about the potential circulation of prop money used in film productions within the city, urging residents to remain vigilant.
Rose explains that the counterfeit bills encountered by Slice of Life are exceptionally well-crafted, complicating detection efforts. Some counterfeiters bleach lower denomination bills and re-print them as higher values, deceiving standard verification pens. To combat this issue, the restaurant has invested in advanced counterfeit detection devices, boasting an accuracy rate of nearly 99%. Additionally, staff members undergo enhanced training to recognize these intricately designed fake bills, ensuring minimal inconvenience to legitimate patrons.
While the financial impact on Slice of Life is noticeable, they aim to prevent repercussions for unsuspecting customers. Instead of imposing restrictions on accepted bill denominations, the establishment encourages patrons to adopt safer payment methods, such as credit cards. Rose recommends obtaining cash directly from banks rather than ATMs to minimize the risk of receiving counterfeit currency. It’s crucial to remember that utilizing counterfeit money constitutes a federal offense, prompting involvement from the United States Secret Service upon reported incidents. Awareness and preventive measures are key to safeguarding both businesses and consumers against this growing menace.