Fake £50 notes are circulating in the area

Salford neighbourhood police team are encouraging residents to remain vigilant as fake £50 notes are circulating in the area. 

Salford GMP shared that they have been made aware of some fake £50 notes and have provided advice on how to spot for counterfeit cash.

The neighbourhood police team have encouraged this message as fake notes can cause lots of financial loss to businesses.

The GMP have shared methods on how to spot fraudulent notes, with residents being encouraged to tilt the note from side to side.

The tilting of the note will check that the words change between ‘Fifty’ and ‘Pounds’.

Residents will also urged to check that within the two gold foil squares that the images change between ‘50’ and a ‘£’ symbol when the note is tilted.

And the Salford neighbourhood police team have enocurage those to look at the metallic image over the main window.

Check the foil is gold and green on the front of the note and silver on the back, and a smaller window in the bottom corner of the note.

A spokesperson said: “Greater Manchester Police will not stand for those who attempt to deceive others and commit fraud.

“We are actively pursuing offenders, and anyone caught using counterfeit currency will face serious consequences.

“Together we can stop counterfeit currency from harming our local businesses. Stay vigilant!”

This will be vital as the Bank of England found in 2023 that less than 0.0025% of banknotes were counterfeit, that is less than 1 in 40,000 banknotes.

The total number of notes were 116,000 counterfeit Bank of England banknotes were taken out of circulation with a nominal face value of £2.5 million.

GMP have urged residents that if you suspect a note could be fake, do not accept it or pass it on and report it immediately.

The police have encouraged people to report the note by calling 101 or use GMP Online Report. Alternatively, you can use Crimestoppers to report it.

The GMP have also shared a link to the Bank of England that provides more information on the Alan Turing £50 note can be found here.