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Large amount of counterfeit currency circulating in Kingsport

July 18th, 2014 10:55 am by Rain Smith

Large amount of counterfeit currency circulating in Kingsport

Photo provided by Kingsport police.

Kingsport police are alerting shoppers and businesses alike to counterfeit money that's flowing throughout the city — with approximately a dozen reports in the past week — saying that some of the phony cash is even received from bank tellers and ATMs.

According to Kingsport Police Department Public Information Officer Tom Patton, the fake money recently taken into possession by investigators is $20, $50 and $100 bills.

"There is little or no pattern as to how people have come to be in possession of the counterfeit currency," Patton stated in a press release. "Some individuals have reported receiving the bills via business or private party transactions, while others reportedly received the bills directly from bank tellers or automated teller machines."

Kingsport police are taking reports on the incidents, then passing along that information to the Secret Service for further investigation. KPD Det. Martin Taylor says 30 counterfeit currency reports have been filed since April, with the majority occurring after the beginning of June.

Patton notes that counterfeit bill detector pens are easily affordable and available at various stores throughout the area. And if testing such a bill reveals the cash is fake, don't give it back to a customer — reporting counterfeit currency to authorities is required by law.

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