Australia flooded with fake $50 notes - how to spot a counterfeit one

Organised crime syndicates are flooding Australia with counterfeit $50 banknotes, costing businesses and consumers millions of dollars.More than 33,000 fake $50 notes were removed from circulation in 2014-15, triple the number detected just two years ago, government figures show.But this likely represents only a fraction of the amount of bogus money flowing through the economy amid a massive spike in the number of counterfeiting operations being uncovered by police.Tsang Wing Leung teaches us how to spot the difference between a real bank note and a counterfeit one.

$50 notes Source: AAP-Dean Lewins