Keep Your Eyes Open: These Are the 3 Most Counterfeited Banknotes in Colombia

TL;DR

Counterfeiting is a persistent issue in Colombia, with criminals targeting denominations that circulate most often or offer the greatest profit.
The $5,000 peso bill is counterfeited because it's a "medium" denomination that can pass without raising as much suspicion as higher amounts, while still being feasible to produce.
The $20,000 peso bill is preferred by scammers due to its high daily transaction volume, making it easier to circulate.
The $50,000 peso bill is frequently counterfeited because its value allows for significant profits without immediate suspicion.
Key security features to check on Colombian banknotes include tactile relief, paper texture, watermarks, security threads, color-shifting elements, unique serial numbers, and correct size and color.
If a fake bill is received, it should not be accepted, but saved as evidence and reported to the Police or the Banco de la República.
Counterfeiters often exploit periods of high commercial activity when money movement is constant and attention may be reduced.
As criminal techniques become more sophisticated, careful examination of each banknote is the best defense against counterfeiting.

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