Attention! A new type of scam is carried out through virtual platforms such as Telegram, from where counterfeit bills are promoted and distributed.
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- For this reason 1 and 5 cent coins are NO longer used in Peru
After various complaints following the appearance of the so-called ‘G5 ticket’, the Central Reserve Bank of Peru announced a guide so that citizens do not get scammed. In this sense, the National Police of Peru dismantled a gang dedicated to this type of scams. In this note you will learn more details about this new type of scam and how to avoid falling into it.
‘G5 banknotes’: what is this scam?
The ‘G5 notes’ turn out to be totally fake money. Criminal organizations They apply the term G5 to counterfeit or adulterated products that have an almost real similarity to the original product. Many of these operations are carried out through social networks, where they promote these bills and then distribute them. Scammers make their victims believe that the technology used in the adulteration of these wads of money usually goes unnoticed and they manage to persuade people.
BCRP: guide to avoid scams with counterfeit bills
He Central Reserve Bank of Peru (BCRP) issued a totally practical method to identify this type of adulterated bills: ‘Touch, look and turn’. This was detailed by the official of the aforementioned entity, Abraham de la Melena.
- Touch: the original bill has a particular texture because it is made of 100% cotton paper, in addition to having a particular sound: metallic, which means that when it absorbs grease or moisture from the environment itself, it gradually turns into A fabric.
- Look: Take the bill and hold it up to the light to observe the watermark, which is an unusual security element for counterfeiting because it is not printed, but is part of the cotton fibers of the bill.
- Turn: For this step, you must turn the bill at eye level and make slow movements. This causes the thread or security band to change color on certain bills; For example, on a S/20 bill, the blue security thread changes to green.
What other way is there to verify counterfeit bills?
Currently, the insecurity surrounding receiving high denomination bills is diverse, therefore, many Peruvians—especially those who have businesses—use filters to detect counterfeit bills. Some use special anti-counterfeiting pens, while others resort to using alcohol on the bill. However the BCRP has announced the existence of a cell phone application called ‘Bills and Coins in BCR’, with which you can obtain more details about the banknote that raises doubts about its authenticity. The mobile app has a scanner that uses your cell phone camera: the system verifies the serial number of the bill and indicates if it is in the bank’s database.
On the other hand, by entering the website provided by the BCRP you can do this process, which provides information on the bills classified as fake by the BCRP system. BCRP.
- Enter the official BCRP website, click here
- Swipe at the bottom and locate the boxes to complete the information of your ticket to consult.
- Enter the serial number.
- Enter the code shown in the image (they are letters or numbers).
- Click consult.
- You will obtain details of the ticket consulted.
Graduated in Journalism with experience in the radio and writing field. He specializes in issues of the social situation with a human focus. With interest in addressing political and regional issues.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
