Related News
High quality fake banknotes seized by police
By Tom Qian |
March 19, 2009, Thursday
|
Online Edition
Online Edition
HIGH quality fake banknotes with a face value of 1.03 million yuan (US$150,585) have been seized in southeast China.
Police in Fuzhou, Fujian Province, said they had swooped on a gang buying and selling fake banknotes in 100 yuan, 50 yuan, 20 yuan and 10 yuan denominations, according to the Southeast Express today. The notes started with the serial numbers "CE86" and "CH31."
Some of the counterfeit notes had watermarks and security features almost exactly the same as legal tender and had been put into circulation. On February 23 police arrested seven people in the largest forgery case ever in Fujian.
The gang had bought fake 100-yuan notes with a face value of 1.26 million yuan for 1.5 yuan a piece in Shanwei city, Guangdong Province.
China's central bank has intensified its fight against forgeries.
Fake 100-yuan notes, most starting with the serial number "HD90," were reported in more than 10 Chinese provinces and cities last year. Reports said the quality of some of the fake banknotes was so high they could pass low-quality counterfeit money detectors.
Police in Fuzhou, Fujian Province, said they had swooped on a gang buying and selling fake banknotes in 100 yuan, 50 yuan, 20 yuan and 10 yuan denominations, according to the Southeast Express today. The notes started with the serial numbers "CE86" and "CH31."
Some of the counterfeit notes had watermarks and security features almost exactly the same as legal tender and had been put into circulation. On February 23 police arrested seven people in the largest forgery case ever in Fujian.
The gang had bought fake 100-yuan notes with a face value of 1.26 million yuan for 1.5 yuan a piece in Shanwei city, Guangdong Province.
China's central bank has intensified its fight against forgeries.
Fake 100-yuan notes, most starting with the serial number "HD90," were reported in more than 10 Chinese provinces and cities last year. Reports said the quality of some of the fake banknotes was so high they could pass low-quality counterfeit money detectors.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
