• Sat
  • Dec 27, 2014
  • Updated: 10:02am

Counterfeit Money

Vendors warned over surge in fake $100 notes

Street vendors were alerted yesterday after a surge in the number of fake $100 notes and $10 coins in circulation.

Friday, 10 August, 2001, 12:00am

Executions end forgery ring's lucrative run

The largest counterfeit currency scandal in 50 years of Communist Party rule came to an end last week with the execution of seven gang members.

An investigation involving thousands of police exposed the unprecedented scale of counterfeiting and criminals' links with corrupt local officials and police, state media said.

8 Jan 2001 - 12:00am

Death for seven in huge counterfeit group

A GUANGDONG court has handed down the death penalty to seven members of a gang that printed more than 640 million yuan (HK$60 million) in counterfeit currency.

The Intermediate People's Court in Shanwei city on Friday also sentenced three other men to life in prison and two men to sentences of 12 and 10 years, the official Beijing Morning Post said.

24 Sep 2000 - 12:00am

Dud notes

I refer to the report headlined, 'Banks urged to ensure ATMs fake free' (Sunday Morning Post, July 16), regarding counterfeit currency, which requires clarification.

You said, 'Recent forged notes, mostly $1,000 and $500 notes, have been found to be '85 per cent perfect' by police.' Hong Kong police have never made this claim.

23 Jul 2000 - 12:00am

Police battling to hold back flood of fake notes

The mainland is being flooded by counterfeit money, much of it made in Taiwan, and more than half the machines installed in shops to detect it fail to do so - because they too are fake.

3 Jun 1999 - 12:00am

More fake notes surface

POLICE believe more high-quality fake US$100 notes will surface throughout the region as part of a multi-million-dollar scam linked to North Korean agents in Macau.

24 Jul 1994 - 12:00am

Rise in supply of fake $100 currency

COUNTERFEITERS of Hong Kong currency have been focusing on forgeries of $100 notes because higher denominations are checked more rigorously by banks and retailers.

Ultra violet lights are used widely to distinguish a genuine banknote's watermark and other security features in $500 and $1,000 notes, but rarely for $100 notes.

31 May 1994 - 12:00am

Top policeman urges vigilance

LOOK closely at your new notes issued by the Bank of China. What do you see? Now, hold one up against the light.

If you peer closely, the light should betray features which would not be normally visible to the naked eye, like watermarks and a tiny metallic thread running through the note.

2 May 1994 - 12:00am

Overseas link in fake-yuan cases

AN increasing number of cases involving huge sums of counterfeit money have been uncovered, many involving collaboration with criminal groups abroad, according to a report.

The China News Service in Hong Kong said yesterday that 10 yuan, 50 yuan and 100 yuan notes were the main counterfeits found circulating in the market in China.

8 Mar 1994 - 12:00am

Flood of fake foreign notes raises concern

FAKE currencies have been flooding the Chinese market, causing widespread concern among law-enforcement agencies.

Counterfeiters are now using advanced technology to make fake notes and water stamps, according to security sources.

22 Jan 1994 - 12:00am

Fake banknotes

LONDON: Police have seized counterfeit ?50 banknotes with a face value of about GBP5 million (about HK$59.15 million) and arrested a man after a raid on a printers' shop in Holloway, north London.

25 Jan 1993 - 12:00am