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A man arrested in a small counterfeit banknote workshop seized 13,000 counterfeit banknotes in the first half of the year, 5 times more than the same period last year

2020-08-04T12:37:18.528Z


The number of counterfeit banknotes seized by the police in the first half of this year has increased by more than five times over the same period last year, with a total of nearly 13,000. The police conducted an anti-counterfeiting operation today (4th). They raided residential units in Sham Shui Po and seized two low-quality counterfeit banknotes with a face value of $500 without security features and tools for making counterfeit banknotes. They arrested a 25-year-old gangster man suspected of manufacturing counterfeiting. Banknotes, the police believe that the arrested person is related to 17 cases of counterfeit banknotes in the past 4 months, involving a sum of $12,500. The police stated that the operation had successfully dismantled a small counterfeit banknote workshop and blocked the flow of counterfeit banknotes into the market.


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Written by: Zhu Yashuang and Chen Haoran

2020-08-04 20:26

Last update date: 2020-08-04 20:26

The number of counterfeit banknotes seized by the police in the first half of this year has increased by more than five times over the same period last year, with a total of nearly 13,000. The police conducted an anti-counterfeiting operation today (4th). They raided residential units in Sham Shui Po and seized two low-quality counterfeit banknotes with a face value of $500 without security features and tools for making counterfeit banknotes. They arrested a 25-year-old gangster man suspected of manufacturing counterfeiting. Banknotes, the police believe that the arrested person is related to 17 cases of counterfeit banknotes in the past 4 months, involving a sum of $12,500. The police stated that the operation had successfully dismantled a small counterfeit banknote workshop and blocked the flow of counterfeit banknotes into the market.

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The arrested man, whose surname is Liang, was reported to be unemployed and suspected of manufacturing counterfeit banknotes. Police investigations revealed that he was connected to 17 cases in April this year and involved 12,500 yuan. It is reported that Liang has a triad background and lives with his family in the unit involved.

Based on intelligence analysis and in-depth investigations, the Commercial Crime Bureau of the Police and the Intelligence Unit of the West Kowloon Region have identified a residential unit in Sham Shui Po. It is believed that someone made counterfeit banknotes in the unit. The police raided the target unit at noon, arrested a man, and seized a small amount of counterfeit banknotes, including two counterfeit banknotes with a face value of 500 yuan, a computer, a color printer and a cutting machine, and other counterfeit banknote manufacturing tools. In the computer, 50 pieces of code-linked ones were found. The picture files of the counterfeit banknotes, the pictures are respectively 500 yuan and 1,000 yuan counterfeit banknotes.

Senior Inspector of the Commercial Crime Bureau, Ke Wing-en, said that the quality of the counterfeit banknotes seized was of poor quality and lacked any anti-counterfeiting features. The police seized an electric pen and believed that the suspect's attempt to draw anti-counterfeiting features on the counterfeit banknotes failed.

Ke said that according to police records, in the first six months of this year, the police seized a total of 12,982 counterfeit banknotes, more than five times more than the same period last year, mainly from two cases. In the two cases, 11,000 "practice coupons" were seized. 82% of the total amount of counterfeit banknotes seized in the first half of this year, and "practice coupons" did not flow into the market.

Counterfeit bills

Source: hk1

All news articles on 2020-08-04

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