Man tricked out of $74,000

PUBLISHED : Saturday, 21 May, 1994, 12:00am
UPDATED : Saturday, 21 May, 1994, 12:00am

A MACAU man paid two youths $74,000 for a bundle of Peruvian currency worth less than $80. The pair stopped the man in the Bank of China head office in the enclave and showed him a bundle of foreign notes they said were Canadian dollars.

They told him they would change C$18,500 at one Canadian dollar to four Hong Kong dollars against the market rate of one to $5.61.

The man, 63, withdrew $74,000 to buy the bills. But when he tried to exchange the money he had bought, he was told it was Peruvian and worth less than US$10 (HK$77).