Police say financial crimes seeing a spike in the Falls - Newschannel 6 Now | Wichita Falls, TX

Police say financial crimes seeing a spike in the Falls

Source: KAUZ Source: KAUZ
Source: US Currency Source: US Currency
Source: US Currency Source: US Currency
Source: US Currency Source: US Currency
WICHITA FALLS, TX (KAUZ) -

Police report there has been an increase in financial crimes in Wichita Falls.
The WFPD Financial Crimes Unit has seen a spike in all sorts of financial crimes, but their concerned with the large amount of counterfeit money that is going around the city.
The most recent case was last Saturday at the Discount World on Old Iowa Park Road.
Jeff Hughes, a WFPD Officer, said they are not just circulating through businesses, but individuals are passing them along at places like trading posts and garage sales.
Hughes wants people to be aware of the money they carry while the department tries to solve these cases.
    "We do have a problem here," Officer Hughes said. "And we know that some of this counterfeiting is coming in from other locations. But we know that it's happening here as well."
Hughes said communication is one of the biggest keys to solving the crimes.
    "We are always in contact with DPS, the county and some federal organizations," Officer Hughes said. "The Postal Inspector and different places like that to share the latest information in financial crimes. Locally, our Financial Crimes Unit is really good about getting information out to the officers. And the officers on patrol are really good about getting information back to our Financial Crimes Unit."
There are a few things you can do to make sure your money is real.
One thing is to look for a Watermark. 
If it is real you will be able to see that in the light.
Another is Color-Shifting Ink.
A real bill will have ink that shifts from copper to green when tilted at a 45 degree angle.
In the bottom left corner you can check for a Note Position Letter and Number.
Officer Hughes also encourages people to be aware of the texture of their bills and what they look like.
If you have any information on these crimes you are encouraged to call Crime Stoppers at 322-9888.
If you think you have been a victim of a financial crime, you can file a police report by calling 761-7792.

Copyright 2016 KAUZ News All Rights Reserved

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