Madiba money: first fake note on the streets

2012-11-15 00:00

CAPE TOWN — Hardly a week after the brand-new Mandela bank notes were launched, the first fake has turned up in Cape Town.

Niël Barnard, owner of MC Motors and a Caltex fuel station in Goodwood, said one of his staff gave him the fake note.

The worker, Phillip Chigede from Zimbabwe, said two men paid for fuel with the fake note on Tuesday.

The two men drove off in a maroon Toyota Avanza, said Chigede.

Barnard said they often received fake notes, although the frequency has tapered of in recent times.

Yesterday he compared the genuine note with a fake one. On the fake, the ink is not as bright and the watermarks showing Mandela’s face and the number 100 in white are not present.

Barnard said he plans to hand his CCTV footage to the local traffic department and police to trace the men.

Nosipho Theyise, spokesperson for the SA Reserve Bank, said people must look for not just one, but three security elements that were built into the new notes.

These are the look of the paper, how it feels, and the way it interacts with light.

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