They warn about a new type of scam with ‘G5 bills’: how to identify it?

Lately, a video on TikTok has become very popular. In the clip, someone says: “Peruvians reacting to the G5 bills.” In this regard, many users wonder what exactly G5 banknotes are.

This event has caught the attention of numerous people, who see in this proposal a possibility of making money quickly. However, it is important to highlight the dangers associated with purchasing these tickets.

G5 banknotes in Peru: what are they?

For those unfamiliar, G5 bills are higher quality counterfeits that look real. The main sellers of these packages operate on platforms such as Facebook and TikTok; Furthermore, they offer great profits with a minimal investment. In the comments, it is common to see questions like: “Where can I find a reliable supplier?”, “How can I get them?”.

This phenomenon arises in Mexico, where several media outlets have also reported the dangers of obtaining these bills clandestinely.

Users are advised to refrain from carrying out these types of actions due to the legal consequences they entail. The Political Constitution of Peru clearly establishes the sanctions for those who counterfeit bills or coins. According to article 252, this conduct can result in a prison sentence of 5 to 12 years, in addition to a fine ranging from 120 to 300 days.

BCRP: the application to know the security of bills and coins

The Central Reserve Bank of Peru (BCRP) has launched an application called BCRP Billetes y Monedas, which is available to the public. This app allows users to become familiar with the security elements of bills and coins. In addition, it includes a verification function that highlights the main characteristics of these elements. This allows users to determine if they are authentic.

The application is available for free for iOS and Android devices in the Apple (App Store) and Google (Play Store) application stores, respectively.

Likewise, the BCRP Billetes y Monedas application offers the possibility of making complaints about people who transport, trade or distribute counterfeit bills or coins. This can be done by directly contacting the Central Office to Combat Cash Counterfeiting (OCN) via a toll-free line, WhatsApp or email.