A 47-YEAR-OLD man appeared in Eastern Court yesterday in connection with the largest seizure of counterfeit United States banknotes in the territory. The court heard that as part of a combined investigation into a US$7 million (HK$54 million) counterfeit racket, 18 arrests were made on February 25. Four men made a court appearance on February 27. Tsang Ho, who appeared in court for the first time yesterday, had complained of chest pains at the time of his arrest and was admitted to Queen Mary Hospital. He was discharged on Sunday. He faces one charge of conspiring with Leung Bing-wing, Yip Moon-kwan, Kriangsak Lerdmaleewong and others between September 1991 and June 25 last year to forge US$100 and US$20 notes with intent to defraud. He is also accused of conspiring with Leung, Yip, Kriangsak and others between June 26 last year and February 25 this year to make counterfeit US$100 and US$20 notes. Magistrate Mr Michael Hill adjourned the case until March 17 for consolidation with the one involving his three alleged co-conspirators and ordered Tsang be remanded in jail. No plea was taken.
