Photo Credit: BVI Platinum News
Businesses around the Territory are refusing to complete any transaction with a US $100 bill, following concerns stemming from the possible circulation of counterfeit notes.
As a result of further inquiry, BVI Platinum News gathered that the rash decision also results from these counterfeit US $100 bills being difficult to detect and are also slipping through authenticating processes.
Businesses remain vigilant and steadfast in their decision to avoid being victims of this act.
BVI Platinum News contacted the local Police Force on the matter, who noted that there has been no recent complaints relative to the matter.
Business in the BVI have been threatened in the past by the circulation of counterfeit bills, where persons were targeting small vendors, shops and other small businesses who are without any device that can be used to authenticate the bills.
Earlier last year, 2016 at the High Court, Kurt Rabsatt of Old Plantation was fined $600 for having $200 worth of fake money in his possession.