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Cold, hard cash: counterfeit on the rise
Washington - U.S. Secret Service agents removed $62 million in counterfeit bills from circulation last year, a 10 percent increase from the previous year, USA Today reports.
WASHINGTON — U.S. Secret Service agents removed $62 million in counterfeit bills from circulation last year, a 10 percent increase from the previous year, USA Today reports.
What does it mean for veterinary practices? According to DVM Newsmagazine contributor and veterinary accountant Marsha L. Heinke, watch out; whoever handles money in the practice should be aware of the trends.
While safety is always first, the Treasury Department offers these tips when counterfeit money is suspected:
- Do not return the bill to the passer.
- Delay the passer with some excuse, if possible.
- Observe the passer's description - and their companions' descriptions - and write down their vehicle license plate numbers if you can.
- Contact your local police department or call the nearest Secret Service office.
- Write your initials and date in the white border area of the suspected counterfeit note.
- Do not handle the counterfeit note. Place it inside a protective cover, a plastic bag or envelope, to protect it until you place it in the hands of an identified Secret Service agent.
- Surrender the note or coin only to a properly identified police officer or Secret Service Special Agent, or mail it to the nearest Secret Service field office.