On Wednesday, September 24, police arrested and charged a 35-year-old Yarrawonga man with multiple deception charges, including obtain property by deception.
He is set to face Cobram Magistrates’ Court on Tuesday, December 16 for a mention.
It comes amid reports by police of counterfeit banknotes being used in Cobram-Barooga.
Cobram police Acting Senior Sergeant Bree George urged traders to take care with the cash they received.
“We want local traders in Cobram to be vigilant when receiving currency and, if they believe they have counterfeit money, then to report that to police,” she said.
“If they have the word ‘prop’ on the note, and they appear thicker, then they’re likely counterfeit.”
All denominations of Australian money have similar security features, which can be used to determine if a banknote is real.
Tilting a real banknote will reveal a rolling colour effect, while part of a real note will fluoresce under UV light.
Under federal law, a person found guilty of possessing counterfeit currency can be hit with a penalty of up to 10 years’ imprisonment.