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Man arrested for suspected involvement in producing counterfeit notes

Kenshi

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Man arrested for suspected involvement in producing counterfeit notes


[video=youtube;m9qE0g6FHCE]https://www.youtube.com/watch?v=m9qE0g6FHCE[/video]

Published Jul 23, 2016, 12:43 am SGT
Tiffany Fumiko Tay

SINGAPORE - A 29-year-old man was arrested on Tuesday (July 19) for his suspected involvement in the production of counterfeit $50 and $100 notes, the police said on Friday (July 22).

On July 13, the police had received a report that a $100 counterfeit note was presented at a coffeeshop along Upper Paya Lebar Road. Officers from the Commercial Affairs Department established the suspect's identity using footage from police and closed-circuit television cameras in the vicinity, and a fake $50 note was seized upon his arrest.

The counterfeit notes, believed to be photocopied reproductions, lack security features such as a watermark, police said. Investigations are ongoing.

Anyone convicted of producing counterfeit currency notes or passing off counterfeit currency notes as genuinenotes can be jailed up to 20 years and fined.

The police advised those who suspect they have received a counterfeit currency note from a person to:

- Delay the person, if possible, and call 999 immediately.

- Observe the person's description, such as gender, race, age, height, build, attire, tattoo marks, ear-studs, language or dialect spoken as well as that of any companions.

- Take note of their vehicle registration number, if any.

- Limit the handling of the suspected note, place it in a protective covering and hand it over to the police immediately.

Information on the security features of genuine Singapore currency is available on the Monetary Authority of Singapore's website at http://www.mas.gov.sg/Currency/Security-Features/How-to-identify-genuine...


 
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