Business
8:48 am
Thu March 21, 2013

Local Restaurants' Strategy Against Counterfeit Bills

A chain of Rhode Island restaurants has instituted a new policy aimed at cracking down on the passers of counterfeit bills.

Credit courtesy GreggsUSA.com


Gregg’s Restaurants now asks any customer paying with a $100 bill to provide a name or email address.  The serial number of the bill is kept with the contact information.

Gregg’s Restaurant owner Bob Bacon says he has received five counterfeit $100 bills since December and they’re increasingly hard to detect. "I think what’s changed is that this current batch seems to have gone to another level of sophistication in terms of the paper  and in terms of the printing quality. They’re difficult to detect."

The fake bills all passed pen and light tests. Bacon found out they were not valid currency only when he tried to deposit them.

Bacon says he does not believe any of his customers intentionally pass off counterfeit bills. The new policy, he says, is aimed at helping law enforcement catch the people who make them. "The goal is to at least be able to offer some information that might be helpful to the authorities to try to determine where these things are originating."

Bacon says most customers have been understanding about the new policy but a few have griped about an invasion of privacy.

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