Crime

Fake 500 rufiyaa bill of new banknote series spotted

The central bank has spotted a fake bill of the new banknote series that was introduced into circulation across the Maldives just last week.

30 Jan 2016, 9:00 AM
The central bank has spotted a fake bill of the new banknote series that was introduced into circulation across the Maldives just last week.
Mariyam Hussain Didi, the assistant governor of the Maldives Monetary Authority, said the fake 500 rufiyaa bill was found in a café at Malé’s carnival area last night.
“We found the note to be a photocopy of poor quality. That 500 rufiyaa note’s colour was very different to that of the real 500 rufiyaa note,” Mariyam said.
Counterfeiters had bleached a ten rufiyaa bill of the new series and changed it to a 500 rufiyaa bill. The value of the note was easily spotted because of a clear plastic window present on each bill that states its actual worth.

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