First Texas Bank sees a rise in fake money in business deposits
This appears to be a $20 bill, but text on the front and back states that it’s for motion picture purposes only, indicating that it’s fake and of no monetary value. Fake or prop money like this has been circulating in town. (Courtesy First Texas Bank)
Businesses across Central Texas are increasingly depositing prop money that resembles U.S. currency, according to First Texas Bank, which says its tellers in Georgetown and other branches have seen a noticeable rise in the fake bills over the past three months.
Bank officials say the losses are falling primarily on merchants, who unknowingly accept the bills as payment.
