Picture: The SARB and police engage with the public on counterfeit money awareness campaign/Supplied
By REGINALD KANYANE
The South African Reserve Bank conducted a work session with the South African Police Service (SAPS) in the ZF Mgcawu District on Tuesday. The Northern Cape Department of Transport Safety and Liaison was also part of the proceeding.
The ZF Mgcawu District police spokesperson, Sergeant Omphile Masegela said all stakeholders, including Small Micro-Medium Enterprises (SMMEs), received education in identification of currency authenticity, as far as counterfeit notes and dye stained bank notes are concerned.
“They also received a workshop on the newly-upgraded bank notes and fourth decimal coin series. The SARB gave an insight on currency value, how to identify it, especially with the upgraded bank notes, as well as how to maintain the value and exchange thereof in case of damage or inauthenticity.
“They also made a presentation raising awareness on counterfeit notes and how to assess the bank notes, by inspecting the enhanced security features to determine the integrity of the bank notes,” she said.
Meanwhile, the SARB Currency Integrity Investigator, Gerald Mariemuthoo taught the public about stained bank notes and the implications that come with being in the possession of such bank notes.
“The awareness continued to Kalahari Mall, where one-on-one engagements were done with the public, store owners, workers, and an approximate target of 100 people were reached. The police also made public awareness on ATM/ bank scams, cyber fraud, and other property related crimes that are continuing to cause imbalances on the crime pattern analysis from area to area,” he said.
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