Dodgy Toonies: CBSA says it nabbed man with 26,000+ fake $2 coins from China 

And when the manufacturer in China reopens under a new name they will know to fix the bears toes.

I was able to catch one of these when I worked in retail. When I was bored I would always fidget by clapping 2 toonies together so I was very familiar with the sound of a real toonie. My coworker had accepted one these fakes from a customer at the cash and I instantly knew it was fake when I banged it against a real toonie. Familiarize yourself with the sound and you will always be able to spot these.

When I was working in banking, I often wondered if criminals would go to the trouble and cost of counterfeiting circulation coins, considering the lower value. Now I know.

He already posted bail. He paid in 2$ coins.

Should sentence him to 20 years work at the coin factory in China

Of course they don't care. They want people to stop using coins and bills and just use debit and credit. It's cheaper for the government and it is easier for retailers to compile, analyze and sell your data. The retailers and service providers are also in love with tipping options on these new payment apps - who knows if these tips even make it to the employees? Already some stores won't accept cash. Right now, I just say 'thank you' and leave. I'm sure in a few short years I won't be able to buy anything with cash.

Wild! I never would have expected someone to fake toonies.

My favourite part is always when government gives assurances on currency security 😂

To not be suspicious you'd use 2 toonies at most per transaction. Even if you bought things in-person everyday for a hundred days, that's $400 saved. Seems not worth the effort to counterfeit, especially with the risk of customs opening your package.

AWESOME AWESOME JOB CBSA TO STOP THIS FROM GETTING OUT

I remember when they first came out there was some counterfeit ones floating around the question my friend, who owns a machine shop to see if he knew who was producing them

Happened already more than a year ago with millions of them. All toonies.

Made in China for you guys.

Wow ! thanks ! Sorel is just accross the St-Laurent sea-way from me ! It s true we never check that !

Thought of this twenty years ago but didn’t think anyone would actually do it.

If I find one I’m using it anyways 😂

A corrupt judge just let this guy walk. Greasy Canada.

you could put your own face on a Canadian quarter and 99% of Canadians would think it is real .. who knows what the next quarter looks like

A college told me once that what these folks would do is put a real toonie at each end of a roll of coins and the other twenty three were counterfeits. Then they cash a few in at various banks around town. The 2012 toonies weren't all that secure, however toonies after 2013 - I believe - strengthened the security with a virtual image in the grill at the top of the coin on the reverse (tails side), the laser mark micro engraved maple leafs in the indents at the bottom of the coin on the reverse and the edge lettering of "Canada" and "Two Dollars" on the coin. I disagree the comment about is the mint going to "wake up". They wouldn't have added all these security features ten years ago if they didn't want to improve the security. Although the person with the coin in their hands do have to check the coin. I will admit there wasn't much of a fanfare when the new toonies or the polymer notes were released. Australia had commercials on each of their newly designed notes. Radio silence from the Mint and the Bank of Canada. They need more communications - and a trip to their website doesn't cut it.

I've found several of these fakes in pocket change.

They are also available for online sale.

I guess that's one way to fight inflation 😅😅😅

Interesting, wonder what the law says about "replica" money .

It will weigh different as well.

Wow - impressive effort from the police. Reminds me of the story of a big hole being discovered in the wall enclosing a nudist colony. The police said they were looking into it.

Pretty easy to make. I remember as a kid, I saw how fake 25 cents could be made in Calfornia. A lot of these things are easy to do but you have to have that gull to do it. Except in these days, Canada and the US does not have an industry base anymore to make it and it needs to be imported.

I’ll bet most of this never gets caught, even by the banks. It probably just remains in circulation. It kind of illustrates that money isn’t really worth anything. It only has value because we all agree it does. If those twonies made it past the CBSA I’d bet that it would have been in regular circulation for years to come with no one noticing unless they tried to take it to a coin store.

Problem is, can the police even charge anyone? The Chinese producer claimed replicas, and the buyer claimed he likes to collect coins…. Only CBSA can stop what they can… but likely a drop in the bucket…

As a kid, I used to hammer nickels to quarter size and use them in the arcade.

OK, so the citizen should now look closely at the Polar Bear feet every time, or soon how big King CHarles' ears are on the coin? That's ridiculous!

The least you could have done was shown a clear side-by-side and highlighted the differences. This is useless.

Just maybe a 2 dollar bill would be better.

Make an example of him. Everyone is hurt by counterfeit money 💰.

Aint it " Bigger fish to Catch " 😂

It's always china...

I'd suggest back to bills. 26000 instantances pf counterfit coins doesn't sound rare.

Fake it while you can before the real ones are completely worthless too. 😂

Loonies are more expensive to fake !

Easiest way to protect against these is to block the web page where these are sold.

Chinese 🇨🇳 government denied it that it never happened. Lol

5 cents a piece!? Damn they can make cheap stuff in China..

In my work I get a lot of two dollar coins as tips, I have noticed that there are more 2012 coins than other years. I thought that was just a difference in how many were minted in a given year. There may be something more nefarious to it!

$50k+ is a lot of money to save even if the guy has to spend it over 5 years.

People don’t look at a toonie unless u have a bag full for a tv 😂

Know a guy that showed up at my work had 2 clothes hampers full of those kinda toonies and 9 handguns sold it all in less then half an hour!

The machine at the checkout today would not take my toony.

I look at all my coins I collect I saw this two years ago

My dad got one of these. It’s the camel-toe version. Immediately noticed something was off by it. The lettering, the Queen’s effigy - didn’t seem professionally made. Did a bit of research. Yup, it was a fake. At least it’s only $2, so it makes for an interesting souvenir.

The counterfeit $2 Canadian coins from China 🇨🇳 show *how desperate* the Chinese government is in need of money. LoL

Only costed Jean François $2,600 if he bought them for 5c each! What does China say about this!

Yeah but did they ever find the two million toonies that were stolen in a transport trailer ?

After closer look the bear head from the fake one looks like an alligator head while the real one is a bear head😅

They cant seem to nab the internal corruption though

these are the type of situations that happen in math problems

Fake one has a big split on front paw.

Times are changing

We have had a fake toonie show up at our place of work

$600 plus shipping isn't a bad deal to get 12 grand in change.

Maybe we should bring back the good old $2 bill

I would very much like to find a few for collection

I watched the entire story - not once did they tell us WHICH ONES were fake and which ones were not. (split toe vs non-split toe) Really guys!?!? COME ON!! *DO BETTER!!!!*

in olden times, counterfeiters were executed

You can always use them as carwash tokens.

It is way easier to steal money digitally

And this is why large currency should never be easy to make coins...

I wonder what sort of time he got for this and do they have to show that he was using it as currency. I wouldn't dream of trying this for that amount and risk years in jail.😮

Integrate holographic imagery into the make-up of the coin itself and design to create detectuve-holgraphic machinery/ integrate holgraphic detection within 'internal-tech' aka CCTV to detect upon arrival on scanner/ x-ray tech.

only reason i was looking so hard is bc the 2004 was in mint shape. So i was like damn imma save this for collecting coins purpose. Then i noticed the toes and the metal was dull(er) than our coins

Should have put a note saying prop money.

But there is 2 million fake tootsies in circulation 😅😅😅

i spotted year 2004 fakes about 5-7 months ago. They are out there

Only the government is allowed to do this.

"Becuse they've got bigger fish to fry"

I figured they felt a little light

You can legally have fake money as long as you don't use it

That guys irritating

That's a lot of chicken's balls...:-! 🚬

He was probably going to buy double-doubles & packs of cigarettes

How to exchange old coins

Ive seen these in my change! I think they're more common than we think. The problem is for is to flood our economy with fake money... 50000 is a lot for one person... could be a problem.

My only question is exactly how do you launder 2$ fake coins in that quantity. I mean there are only so many Tim Hortons in Canada.

That is a lot of weight to haul for how much potential profit?

Because we have the most secure currency in the world doesn't mean that counterfeit coins will not affect our economy... There is much missing from the story, like the arrest of the guy who to receive then coins and the ongoing investigation,etc.. I guess Sock Boi will just add these coins and others like them to our national deficit here in Canada.

I print money in Kanata. Save on shipment!

You know your down bad when you got a crack head doing your main interview 😂.

That’s smart. You could take those coins and feed them to the coin machine for bills.

Who’s here after finding a suspicious toonie 😂

Can you drop the link on the site I want to buy some to buy a brand new car

Jean Francois got some splainin to douèt.

Twonies are like nickels in Trudanistan

You have to fight inflation anyway you can

Canadian coin designs were at one time the envy of the world and very difficult to counterfeit. Now the RCM puts out garbage

Only the bank of Canada is allowed to do this

This guy did better than trailer park boys

5 cents a piece for a toonie, that’s how cheap it’s sold at😮 For $1k he ordered $20k worth toonies 😳

About the same as lending money at 2% on a personal residence, only to say upon renewal it’s now 6% interest

Damn...😮

That Toonie guy must be Loonie

11 months ago this is found and its in news now.. 😴😴

Why don't they fake 1 philippine centavo ?