The New Richmond Police Department is currently investigating the counterfeit circulation of three $50 bills within the village.

On March 15, three counterfeit $50 bills were passed at the Family Dollar Store, the River Towne IGA, and the Speedway gas station/convenient store.

“The counterfeiters know what they are doing,” said Police chief David Willoughby. “Counterfeiters are smart. The three village businesses that were victimized did do everything right to protect themselves.”

The $50 bills were of decent quality; the counterfeit detector pens that most stores, including these three, mark money with before acceptance were unable to spot them as fakes.