

The 100, 200 and 500 peso bills are the most falsified; this requires businesses to ‘verify’ the money they receive.
MERIDA — The increase in the use of counterfeit bills in Yucatan, and particularly in Merida, has caused thousands of pesos in losses to local merchants.
A statement from the Bank of Mexico warned about the circulation of counterfeits bills of 100 pesos that were issued for the commemoration of the Centenary of the Political Constitution of 1917.

This bank recognizes that “there are falsified bills and we have received papers in the Bank of Mexico that try to imitate the authentic.” The complaints have come from about 20 federal entities, most of them coming from Mexico City.
The institution says that the criminals have achieved such perfection in their work that now it is harder to prove the bills’ authenticity through the conventional ways; it is necessary to check more carefully the bills to be sure of their authenticity.
He recalled that during last Easter, the use of fake banknotes increased in the entity, mainly those of 200 and 500 pesos.
During talks with other business partners they have learned that false bills of 100, 200 and 500 pesos have already been detected prior to the holiday period of July and August, so he recommended to all entrepreneurs to verify the authenticity of the bills.
To prove the bills’ authenticity businesses use “The Marker Test,” which consists in drawing a line on the bills using a special marker that works with iodine, then if the line turns black the bills are false, if it does nothing then the bills are good to use. But the counterfeiters have already over-passed the marker test because they are already using other chemicals, explained Góngora Paz, a local businessman. He regretted that this type of crime ended up affecting them financially and placing them along with those thieves, because when an entrepreneur deposits the falsified bills in the bank, the institution assumes it as an attempt of fraud so the person could be registered as a possible criminal.
Source: laverdadnoticias.com
more recommended stories
American journalist arrested in Russia on espionage charges
Russia’s security service arrested an American.
BNI and The Yucatan Times: Business referral at its best
To offer our readers greater certainty.
4 National Guard officers imprisoned for human trafficking with migrants in Oaxaca
OAXACA, Oaxaca, March 29, 2023.- Four.
Panic after shooting outside a school in Morelos
CUERNAVACA, Mor., March 29, 2023.- A.
ARVAY promotes gastronomy from Valladolid in the United States
San Diego, California, March 28, 2023.-.
Vila promotes Yucatan’s port development at the most important international cruise fair
Vila Dosal held working meetings with.
Yucatan State government suffers a cyberattack: DMV module without “system”
The license plate and driver’s license.
UADY’s project will link Yucatan and Cuba
Yucatan and Cuba join academic efforts.
Land with ancient Mayan civilization buildings commercialized in Yucatán
Unbelievable, but true. In a Facebook.
Two of the most important companies in the world: Microsoft and FedEx ready to invest in Yucatán
In the early hours of this.
Leave a Comment