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Counterfeiters caught in raids

CHINESE police have seized counterfeit cash with a face value of 178 million yuan (US$26 million) since a national campaign was launched on January 20, the Ministry of Public Security said yesterday.

The police had resolved 271 of the 412 fake money cases they had been investigating and arrested 613 people during the campaign, the ministry said. Police also raided five counterfeiting dens.

In the southern Guangdong Province, police destroyed a major production plant, arresting 13 suspects and confiscating notes with a face value of almost 100 million yuan.

In Chongqing Municipality, police broke up a counterfeiting ring and confiscated 13.68 million yuan of notes.

In another major case, police in Luohe city, central Henan Province, arrested 11 people when they broke up a production plant and confiscated fake banknotes with a face value of almost 2 million yuan.

Since the end of last year, fake 100-yuan notes, most starting with serial number "HD90," have turned up in 10 provinces and regions, including Guangdong, Fujian and Zhejiang.

Other fake notes, with serial numbers beginning with TJ38, were also found in Haikou in Hainan Province.

The ministry has ordered police to maintain the crackdown on fake money to safeguard national financial order and the public interest.

The campaign, called "Action 09," aims to crack down on those producing, selling and spending fake notes.

The ministry is offering rewards of up to 300,000 yuan for information.


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