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CBN Currency Re-design: Fraudsters Mixing Old And New Notes - Nairaland / General - Nairaland

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CBN Currency Re-design: Fraudsters Mixing Old And New Notes by DaddyFreeze2020(m): 8:03am On Nov 30, 2022
The General public is hereby advised to be careful with monies paid in #500 denominations. As a result of the Central Bank of Nigeria (CBN) change of currency design, Unscrupulous persons have started mixing MINT #200 notes (old design) inside bundles of MINT #500 notes (new design).

Because of the neatness of the notes, you will not realize the fraud readily.

There are still plenty of MINT #200 (old design) notes in circulation and they are similar in colour with the #500 note (new design).

Imagine collecting 50k (new N500 notes) from someone only to find that about 20 of the notes are actually 2007 series N200 notes.

To be forewarned is to forearmed.

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