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August 17, 2011

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Police appeal over forged cash

POLICE have called on the public to help stem a new influx of high-quality counterfeit 100-yuan banknotes.

The fakes most recently discovered have serial numbers beginning TJ55, AZ88, WL15 and YX86, and are difficult to distinguish from the genuine article, according to police.

They are warning people to take extra care when they see notes bearing these numbers.

Police in Hangzhou City, capital of Zhejiang Province, traced the fakes to Yongshun County in Hunan Province, where they believe the counterfeits first emerged on July 25. They said the notes have spread quickly since then.

Shanghai police told Shanghai Daily yesterday that none of these fakes have surfaced in the city so far. But they said they have asked local banks to watch out for the forgeries and immediately report any that are deposited by customers.

Compared with a previous series of counterfeits, which were discovered among banknotes with serial numbers beginning HD and emerged in many parts of the country, the new fakes have been produced using more sophisticated technology.

However, police said they look lighter in color and less stereoscopic than genuine notes. In addition, Chairman Mao's left eyebrow is printed clearly separated from his eye on real 100-yuan banknotes, but on the latest counterfeits the eyebrow appears to be connected to the eye as a result of blurred printing.

Shanghai's last major victory over counterfeiters took place last July, when police arrested four men for handling fake notes and confiscated 2.16 million yuan (US$324,000) in forgeries.


 

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