Secret Service warning about fake $100 bills - KMSP-TV

Secret Service warning about fake $100 bills

Posted: Updated:
NEW YORK (MYFOXNY) -

The U.S. Secret Service New York Field is warning banks, merchants, and consumers to be on the lookout for fake $100 bills. Three styles of the $100 bill are in circulation, but one in particular has been counterfeited a lot.

The Secret Service issued a warning notice to merchants and banks to check serial numbers. A "77" is located on the back bottom corner of the bill. The counterfeits also have 5 serial numbers that go along with the 77.

Assistant Special Agent in Charge Michael Seremetis said that he believes more than $20 million in counterfeits has been passed since 2005. He said authorities have made many arrests during the course of the 9-year investigation.

If you come across a counterfeit note, the Secret Service recommends you go to your local bank. The bank can provide you with a counterfeit note report and a receipt, which you can give to your accountant or tax preparer to possibly report as a loss on your tax return.

  • Local NewsLocal NewsMore>>

  • Road-trip vacations that don't break the bank

    Road-trip vacations that don't break the bank

    Thursday, July 31 2014 5:37 PM EDT2014-07-31 21:37:29 GMT
    Last-minute vacations don't need to be a headache or ridiculously expensive, especially if you make it a road trip. Even if you don't have a car, renting one can be an affordable option.Lauren Lyons Cole, a personal finance contributor to TheStreet.com, has some suggestions.
    Last-minute vacations don't need to be a headache or ridiculously expensive, especially if you make it a road trip. Even if you don't have a car, renting one can be an affordable option.Lauren Lyons Cole, a personal finance contributor to TheStreet.com, has some suggestions.
  • Tennis star Caroline Wozniacki to run New York City Marathon

    Wozniacki to run NYC Marathon

    Thursday, July 31 2014 4:42 PM EDT2014-07-31 20:42:50 GMT
    Former No. 1-ranked tennis star Caroline Wozniacki plans to play a full tournament schedule this fall while fitting in time to train for the New York City Marathon. She said Thursday that she long had wanted to do a marathon and decided before Wimbledon that she could pull it off this year.
    Former No. 1-ranked tennis star Caroline Wozniacki plans to play a full tournament schedule this fall while fitting in time to train for the New York City Marathon. She said Thursday that she long had wanted to do a marathon and decided before Wimbledon that she could pull it off this year.
  • Trench collapse traps workers

    Trench collapse traps workers

    Thursday, July 31 2014 2:56 PM EDT2014-07-31 18:56:22 GMT
    Two construction workers were rescued from a collapsed trench outside a home in Rye, N.Y. on Thursday.  Firefighters from across Westchester County responded to the scene at 15 Bradford Ave. at about noon.
    Two construction workers were rescued from a collapsed trench outside a home in Rye, N.Y. on Thursday.  Firefighters from across Westchester County responded to the scene at 15 Bradford Ave. at about noon.
Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices