Gateway Gazette

Okotoks RCMP makes an Arrest in Counterfeit Canadian Currency Investigation

Okotoks, Alberta – On August 17, 2016 Okotoks RCMP stopped a stolen vehicle and arrested the driver. The investigation into this matter revealed that the driver of the stolen vehicle was in possession of counterfeit Canadian bills in his wallet. With the assistance of the Okotoks General Investigation Section, Okotoks RCMP executed a search warrant on a residence in Okotoks resulting in a seizure of:

  • 7x$50 Canadian Bills with serial number: FMY1402620
  • 4x$50 Canadian Bills with serial number: AHW7627903
  • 1/2x$50 Canadian Bill with serial number: FMW2141151
  • 4 x$50 Canadian Bills with serial number: AHW7627903
  • 4x$50 Canadian Bills with serial number: FMY1402620
  • A Printer with red ink consistent with printing a counterfeit $50 Canadian Bill
  • A Linen paper
  • Various USB sticks and computer storage devices

 

Jacob Sager of Okotoks has been charged with possession of stolen property, possession or custody of counterfeit money, drive motor vehicle without a valid license, drive motor vehicle without being registered, and unlawfully drive a motor vehicle on highways that’s not insured.

Jacob Sager will be appearing in Okotoks Court on September 30, 2016.

RCMP urge businesses to take the time to educate their staff about what to look for:

  • Color photocopies of Canadian $20, $50 and $100 bills that have the clear polymer window from legitimate, lower-denomination bills spliced and attached onto the photocopies. These copies feel like paper rather than legitimate Canadian money, and the polymer inset is often badly taped onto the copy.
  • Formerly legitimate $5 and $10 bills that have had the polymer strip removed, presumably for use on counterfeit currency, and then been passed as legitimate (see attached photos).
  • Some of the photocopies are slightly smaller than normal Canadian bills.·

 

Visit www.bankofcanada.ca to learn more about the many security features on Canadian currency.

If you have information about these counterfeit incidents or recognize these suspects, please contact the Okotoks RCMP at 403-995-6400. If you wish to remain anonymous, call Crime Stoppers at 1.800.222.8477 or report it online at www.tipsubmit.com.

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