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According to DR, police departments in the country received 444 reports of counterfeit banknotes during the first three months of this year, and during 2022 the police received 829 reports, the highest in six years.
According to Mikkel Brugmann, deputy police officer in the investigation department of the North Jutland police, the number of reports this year so far is practically half the number of reports in 2022, which means that the number is likely to increase if the rest of the year continues at the same pace.
The penalty for forgery in Denmark is 12 years in prison. This is among the highest penalties in the penal code.
Source: Danmarks Nationalbank
Many issues remain unresolved.
Since March, North Jutland police have investigated 12 reports of counterfeit 500 kroner banknotes being used in the region, and have so far identified three people in the case.
North Jutland police were not the only ones preoccupied with investigating counterfeit money. Last January, a man and a woman appeared before a court after they tried to pay with counterfeit money in shops in Frederiksværk and Hillerød.
Two months later, teenagers aged between 14 and 16 were arrested in Esbjerg for exchanging counterfeit euro banknotes for Danish banknotes. .
A woman is currently wanted by police in central and western Jutland after she allegedly used counterfeit 100-euro notes to pay in several small shops in the towns of Herning, Silkeborg, Viborg, Skive and the surrounding area, according to Lars Boe Larsen, head of investigations at the Herning police, who explained that cases involving counterfeit money usually come in waves, as we are seeing now.
Difficulty in arresting the perpetrators
However, catching the perpetrators behind counterfeiting coins is difficult once the banknotes are in circulation, as the heads of the investigation acknowledge. It can take weeks, and in some cases months, before shops and banks discover a counterfeit note in circulation, making it challenging to trace the source of the fake currency. The head of the investigation, Mikkel Brüggemann of the North Jutland Police, confirmed that the police are doing everything possible to find the culprits.
In 2022, 272 charges were filed, while in 2023 47 charges have been filed so far, according to a report by the National Police.
The importance of training employees to verify banknotes
He and Mikkel Brøgman encourage stores to train their staff well if they are paid in foreign currency or generally in large Danish currencies. For example, you have to notice if people are buying a small amount of goods but paying with a banknote of a larger value than necessary. Lars Bo Larsen says you also have to pay special attention if the payment is in a foreign currency for reimbursement in Danish currency.
Tips for detecting counterfeit banknotes
- Using your senses, you can relatively easily detect whether you have a counterfeit banknote in your hand.
- All banknotes have a watermark. A watermark is something created in the paper during manufacturing. The watermark can be seen when the banknote is held up to the light, and it is usually difficult to counterfeit.
- In addition, the notes contain a three-dimensional image. It is a metallic element with extremely fine lines that reflect light in all the colors of the rainbow. It is also difficult to counterfeit.
- The banknotes also contain a copper print made using a very special printing technique. The pressure can be felt with the fingertips. Furthermore, it is very difficult to counterfeit.
- The final point is that banknotes are printed on cotton paper. This type of paper is stiff and makes a slight noise, especially when the note flutters in the air. Most counterfeit banknotes are made on plain paper, and this is where the difference is usually easy to spot.
If you want to know more about counterfeit banknotes, you can read more about them on the Danmarks Nationalbank website. .
Source: Niels Cass, Chief Treasurer at the National Bank.
