C
Cao Pi
Guest
Sep 23, 2010
2 nabbed for using counterfeit money
By Lee Jia Xin
POLICE arrested on Wednesday two men who are believed to have printed and used counterfeit Singapore currency as payment to retail outlets and taxi-drivers in various parts of Singapore. Both suspects, aged 31, may have been involved in a series of cases where counterfeit Singapore currency notes in $10 and $50 denominations had been used. The Commercial Affairs Department (CAD) also recovered a colour printer cum copier, thought to have been used in the counterfeiting process. The duo will be charged in Court on Friday for conspiracy to use genuine counterfeit currency. If convicted, they can be jailed up to 20 years and fined.
Members of the public can find information on distinguishing security features of genuine Singapore currency notes at the MAS website at: http://www.mas.gov.sg/currency/currency_info/The_Singapore_Currency.html.
