B Mirror Report: Bangladesh Bank has issued a warning regarding the use of misleading videos, images, and “sample notes” designed to resemble real currency on social media. The central bank said such activities increase the risk of counterfeit notes and threaten the overall currency management system.
In a press release on Monday morning (February 16), the bank stated that recently, platforms like Facebook, YouTube, and Instagram have seen content created using notes that mimic the design and size of real currency, and sometimes even larger-sized “sample notes” for marketing and promotional purposes. Reports have also emerged of businesses using paper that resembles real money for advertising campaigns.
Bangladesh Bank emphasized that producing, using, or promoting paper resembling actual currency is a punishable offense. Under Section 489(6) of the Bangladesh Penal Code, 1860, legal action will be taken against individuals or organizations involved in such activities. Additionally, spreading false or misleading information digitally is punishable under Section 25 of the Cybersecurity Act, 2023.
The central bank urged everyone to remain vigilant to prevent the spread of counterfeit currency and advised refraining from creating misleading content or unauthorized promotions.
The press release also highlighted: “Recognize genuine notes and ensure safe transactions. Handle currency carefully and visit Bangladesh Bank’s website to learn about the features of real banknotes.”
