Cold, hard cash: counterfeit on the rise

WASHINGTON — U.S. Secret Service agents removed $62 million in counterfeit bills from circulation last year, a 10 percent increase from the previous year, USA Today reports.

What does it mean for veterinary practices? According to DVM Newsmagazine contributor and veterinary accountant Marsha L. Heinke, watch out; whoever handles money in the practice should be aware of the trends.

While safety is always first, the Treasury Department offers these tips when counterfeit money is suspected:

• Do not return the bill to the passer.

• Delay the passer with some excuse, if possible.

• Observe the passer's description - and their companions' descriptions - and write down their vehicle license plate numbers if you can.

• Contact your local police department or call the nearest Secret Service office.

• Write your initials and date in the white border area of the suspected counterfeit note.

• Do not handle the counterfeit note. Place it inside a protective cover, a plastic bag or envelope, to protect it until you place it in the hands of an identified Secret Service agent.

• Surrender the note or coin only to a properly identified police officer or Secret Service Special Agent, or mail it to the nearest Secret Service field office.