Grenada police warn public to be on lookout for illegal EC$100 notesWritten by Grenada FIU
Grenada police Tuesday urged the public to be on the lookout for counterfeit EC$100 (One EC dollar = US$0.37 cents) notes now in circulation on the island.
The police in a brief statement said that the notes bear the serial number VM189988.
It gave no further details as to why it had labeled the notes as counterfeits, but urged the public “to exercise utmost vigilance and caution when doing business”.
As the Unit advances towards greater efficiency and effectiveness, the primary focus would be to contextualize the current and impending AML/CFT risk within the jurisdiction and determine whether the current mechanism employed is appropriate.