Counterfeit n Real Money here and elsewhere

[zuoom]

via : http://singaporeseen.stomp.com.sg/singaporeseen/viewContent.jsp?id=23009

Paul sent in this contribution to warn the STOMP community of counterfeit China currency that has been circulating in China. He also gives details on how to spot the difference.

Said the STOMPer in an email today (May 18):"Singaporeans and foreigners should stay alert when making a trip down to China as counterfeit currency has become a rampant problem.

"Check your currency before you leave any premises or complete an activity, such as taking a taxi, shopping at departmental stores and so on.

"The fake currency is available in $1, $5, $10, $20, $50 and $100 denominations.

"It's been spreading like wildfire and even locals and the elderly have been cheated.

"How do you spot the difference between a real and fake?

"Just check at the top left corner representing the China logo, you should be able to feel a printing layer, a central dotting of the silver hologram and the cash amount clearly printed.

"The fake ones do not have this and the cash amount if blurred.

"Hope this raises the awareness and prevents people from being cheated!"
 
So STOMPers, do the notes all look the same or are you able to distinguish the real notes from the fake ones?

================


Real.


Fake.

=================

[Vorsprung durch Technik]

alamak.. so bad. esp now we are in olympic heat!

[zuoom]

Dear members of the Safety and Security Watch Group,

CRIME ALERT: USE OF COUNTERFEIT MONEY AS MODE OF PAYMENT
(FOR YOUR INFORMATION)

Police has recently received reports of unknown person using counterfeit money as mode of payment. To date more than 30 cases were reported and as we approach the period of festive sales, we would like to reiterate the importance for being vigilant.

Modus Operandi
Please take note that the culprit will normally use a fake currency note of S$50/- note (commonly bearing the serial number: 2EY322725) at pubs, restaurants, petrol kiosks, convenient stores and 4D outlets for purchases. The scam can also take in other forms ie culprit may also seek assistance in changing loose notes using counterfeit money, on the pretext of urgent need.

Crime Prevention Measures
Public and sole proprietors should remain alert and pay extra attention when customers pay for purchases using higher denominations of cash, e.g. S$50/-. Below are a few measures which can assist public to identify counterfeit notes and prevent you from falling victim to a similar ruse.
What to look out for?
1. Counterfeit Notes using serial number: 2EY322725;
2. Poor quality paper that has a waxy surface without the following intaglio:
a. No raised printing;
b. No shimmering effect on the kinegrams;
c. No Security Thread; and
3. Although the counterfeit note simulated the outline of the watermark, but it does
not have three-dimensional portrait of the late President Yusof Bin Ishak when
examined under light.

What retailers and shop owners can do to prevent falling victim?
1. While such cases are not new, cashiers should be constantly reminded to be vigilant to prevent from falling victim;
2. During peak hours, cashier should decline requests for change of larger notes politely by citing the long queue as a reason;
3. If possible, additional staff should be deployed, especially during peak operating hours;
4. CCTVs should be strategically positioned to cover the cashier counter and allow the image of customers to be captured;

What you can do when you receive such notes?
1. When presented with the counterfeit note, do not return the suspected note to the suspect;
2. Delay and keep the suspect at sight and if possible contact the police
immediately;
3. Take note of the description of the culprit, eg gender, age, height, built, attire, scars/tattoos, accent of language or any distinct features;
4. Note the suspect(s)’ mode of escape and take down the vehicle registration
number if he/they had escaped in a vehicle;
5. Minimize the handling of the note and carefully place it in a envelope/polymer bag and hand it to the Police when they arrive.

We seek your assistance to disseminate the crime alert to all your members so
that they can take the necessary precaution to protect themselves against such crime. If you have any information relating to the above cases, please do not hesitate to contact Police hotline at 1800 – 255 0000 or dial ‘999’ if urgent police assistance is required.

Yours faithfully,
SHERRIN CHUA
ASSISTANT DIRECTOR
COMMUNITY INVOLVEMENT DIVISION
OPERATIONS DEPARTMENT
SINGAPORE POLICE FORCE
Crime Prevention - A Shared Responsibility

via : http://forums.vr-zone.com/showthread.php?t=377036

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Modus Operandi
Please take note that the culprit will normally use a fake currency note of S$50/- note (commonly bearing the serial number: 2EY322725) at pubs, restaurants, petrol kiosks, convenient stores and 4D outlets for purchases. The scam can also take in other forms ie culprit may also seek assistance in changing loose notes using counterfeit money, on the pretext of urgent need.

[tags] 2EY322725

-------------

watch out for those $50.

good luck, good money.

[zuoom]

http://www.yousendit.com/download/WnBRdFdVdkdZY1IzZUE9PQ

the PDF file from the police.

please download n view/print to have a look.

[Vorsprung durch Technik]

looks like better off carrying $100 notes instead to be safe

[bacardi_lime]

looks like better off carrying $100 notes instead to be safe

i am not really interested in the BILLS, In china i had so much of this incident especially the RMB$20 please be very careful i have kept one preice of that as a sovenir...

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for China, the RMB $100 note.

CHINA'S central bank has denied that most counterfeit-cash detectors in the country can not identify a batch of so called "high quality" fake 100 yuan (US$14.5) banknotes with serial numbers starting with "HD90."

State media reported the fake banknotes are in circulation on the mainland and that some have been seized by police in Hong Kong. Panic occurred after people were told that those fake banknotes could easily pass undetected by counterfeit detectors or ATMs.

The Shanghai headquarters of the central bank said no reports have surfaced about the fake notes being used in the city.

The People's Bank of China said the fake notes could be indentified with the naked eye as the quality was not as good as media reports said.

A dozen ways, including via ink or water marks, could be used to identify the fake bills, PBOC officials said.

It also said that a 100 yuan banknote with a serial number starting with "HD90" doesn't necessarily mean it is fake.

People on Tianya.cn, China's most popular online forum, said that banknotes with serial numbers starting with HB90, WJ135, FA, AB77, AB88 or AB99 may also be counterfeit.

Police in the Hong Kong Special Administration admitted that they had seized fake banknotes starting with the serial number HD. All could be indentified by counterfeit detectors, Hong Kong police said.

Early media reports said the fake money may be from Taiwan as police on the island cracked a six-member counterfeiting ring. They seized 100 million yuan in fake notes on October 8, according to Fujian-based Southeast TV. Most of the fake notes were reported to have serial numbers starting with "HD90."

The ring was reported to have been producing the notes for some time. An unidentified source said fake bank notes had already made their way on to the mainland.

http://www.shanghaidaily.com/sp/article/2009/200901/20090108/article_387382.htm

basically those with HD90 as its' serial number you must be very careful. or reject them.


http://www.lifeofguangzhou.com/node_10/node_37/node_84/2009/01/08/123138457958490.shtml

When you spend money in China you can see the local Chinese people doing these four simple steps to distinguish your money notes especially the Hundred Dollars Notes (YUAN). The same STEPS that you can use: “See”, “Touch”, “Hear” and “Testing” (一看、二摸、三聽、四測) 

Step 1: “See” (看)Hold the money Note toward the light and you can see the clear watermark and magnetic micro security thread. You can see a fine printing.

Step 2: “Touch” (摸)Use your fingers to touch the concave lines for hand feel.

Step 3: “Hear” (聽)Use your finger to flick the money note to hear the money paper in a solid sharp and clear sound.

Step 4: “Testing” (測)Use the fluorescence lamp to examine the money note with reflected dollars amount. Or simply use your finger nail tip to scratch the money note to see whether the color come out or not. If not the money is real.

http://chinatravelexperiences.wordpress.com/2007/10/01/how-to-distinguish-the-real-and-the-fake-rmb-renminbi/

[youtube]qzWLi2GtsiY[/youtube]
http://www.youtube.com/watch?v=qzWLi2GtsiY

good luck,
z.

[zuoom]

This warning comes from a STOMPer, who received a letter ostensibly from the Police, warning about fake $50 notes being used locally.

 STOMPer Kamal sent STOMP an email with the police statement:

"The culprit uses a fake S$50 notes, commonly bearing a serial number 2EY322725 at pubs, restaurants, petrol kiosks, convenient stores and 4D outlets for purchases.

"This scam can also be in other forms. For example that the culprit may also seek assistance in changing loose notes using this fake money, reasoning the urgent need of change.

"To prevent this crime, public and sole proprietors should remain alert and pay extra attention when customer pay using high denominations of cash such as $50.

"Other measures which can assist public to identify these fake notes and prevent everybody from being a victim to this will be:

"What to look out for?
1. Counterfeit notes using serial number 2EY322725
2. Poor quality paper that has a waxy surface, and without the following prints:
        a. No raised printing;
        b. No shimmering effect on the kinegrams (the moving picture you can make with paper and plastic);
        c. No Security Thread; and
3. Although the counterfeit note simulated the outline of the watermark, it does not have three-dimensional portrait of the late President Yusof Bin Ishak when examined under light.

"What retailers and shop owners can do to prevent falling victim?
1. While such cases are not new, cashiers should be constantly reminded to be vigilant to prevent from falling victim;
2. During peak hours, cashier should decline requests for change of larger notes politely by citing the long queue as a reason;
3. If possible, additional staff should be deployed, especially during peak operating hours;
4. CCTVs should be strategically positioned to cover the cashier counter and allow the image of customers to be captured;

"What you can do when you receive such notes?
1. When presented with the counterfeit note, do not return the suspected note to the suspect;
2. Delay and keep the suspect at sight and if possible contact the police immediately;
3. Take note of the description of the culprit, eg gender, age, height, built, attire, scars/tattoos, accent of language or any distinct features;
4. Note the suspect(s)’ mode of escape and take down the vehicle registration number if he/they had escaped in a vehicle;
5. Minimize the handling of the note and carefully place it in a envelope/polymer bag and hand it to the Police when they arrive."

The Police seek the public's assistance to share this information to others and protect each other from crimes like this.

http://singaporeseen.stomp.com.sg/singaporeseen/viewContent.jsp?id=50149

[tags] 2EY 2EY3 2EY322725

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http://newpaper.asia1.com.sg/news/story/0,4136,200160,00.html?

Was hawker cheated with fake $50 note? 
By Crystal Chan
 
April 27, 2009       


FIRST TIME: Madam Goh giving her statement to a police officer outside her stall. She says she has never been cheated before. --TNP PICTURE: CRYSTAL CHAN

A NOODLE stallholder in a Toa Payoh coffee shop fears she is $50 poorer after selling a $2.50 plate of wonton mee to a man yesterday.

Madam Goh Sok Eng, 55, believes the $50 note he handed her as payment is a fake, though she did not spot that before giving him change of $47.50.

Only later did she realise that security features on the $50 note, such as the vertical silver line and a watermark of Singapore's first President, Mr Yusof Ishak, were either faded or missing.

When The New Paper on Sunday arrived at the Sing Hiap Huat coffee shop in Block 19, Lorong 7 Toa Payoh, Madam Goh was giving a statement to two police officers, who had placed the note in a plastic bag.

Madam Goh said that the incident happened around 10.15am, when the coffee shop was packed with the breakfast crowd.

'I was so busy so I didn't have a close look at the note, which was folded. I simply threw it into a metal container,' she said in Mandarin.

At 11.30am, when she was counting her takings, she realised something was wrong with the note.

'I went to my neighbour's shop and asked him what I should do.'

The neighbour, Mr Steven Tang, a mini-mart owner, called the police after examining the note.

Another case

Mr Tang, chairman of the Toa Payoh Lorong 7 Shopkeepers & Hawkers Association, said it was not the first time this had happened.

He said: 'Another shopkeeper told me he was tricked last week. He didn't go to the police but he jotted down the serial number of the note.'

The serial number - 2EY32272725 - is the same as that of the note she got, said Madam Goh. It is not known what the other shopkeeper did with the note.

Madam Goh, who has two school-going children, said: 'My son's teacher taught the class how to recognise a real note and he told me to be careful. Who would have thought this would happen to me?'

Madam Goh also rues not taking note of the customer's appearance.

All she remembers is that he is a Chinese man in his late 30s or early 40s.

She said: 'I recognise my regular customers and he isn't one of them. I was so busy serving customers that I didn't pay attention to his appearance.'

Upset over being cheated of her 'hard-earned money', Madam Goh added: 'I gave him real money and he had a free meal at my expense.

'I have to sell 20 bowls of wonton mee to recoup my loss, and I haven't counted my takings for today yet.

'The next time someone pays for noodles with a $50 note, I'll scrutinise it before accepting payment.'

Mr Tang has alerted shopkeepers and stallholders in the area to the incident.

A police spokesman said they received a call at 2.35pm, about a customer using a fake $50 note.

He said: 'The note was seized and investigations are ongoing.'

Anyone convicted of using fake currency can be jailed up to 20 years and fined.

via : http://www.singsupplies.com/showthread.php?t=26596

==============

2EY32272725
that's the fake number to remember.

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“This new design of RM50 banknote is the first denomination of the fourth series of Malaysian currency notes, which will be replacing the existing series in stages,” the central bank said in a statement here.

Freshly minted: The new note has improved security features to deter counterfeiting. The reverse side of the note is shown above.

It said the existing RM50 banknote design series would continue to remain legal tender and would co-circulate with the new notes and would be gradually phased out. No time limit had been set on the duration of co-circulation, it added.

The enhanced security features incorporated in the new design include the colour-shifting security thread which replaces the existing security thread and is embedded in the paper.

The thread appears on the reverse side of the note as coloured intermittent lines. — Bernama

via : http://forums.hardwarezone.com.sg/showthread.php?t=2435371

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Singapore
Home > Breaking News > Singapore > Story
Jan 18, 2010                                         

Fake S'pore notes                                                                   
FAKE Singapore bank notes with a face value of up to $200,000 surfaced in Indonesia about a fortnight ago, reported The New Paper on Monday. According to the report, a civil servant, Viktorino dos Santos, 54, was arrested by Indonesian police after he exchanged 20 counterfeit $10,000 bank notes for 1.3 billion rupiah. Three others, believed to be his accomplices, were nabbed a day later. The transaction allegedly took place at a branch of Bank Mandiri in East Nusa Tenggara, or West Timor. This is said to be the largest counterfeiting scam in Indonesia involving fake Singapore currency, said Jakarta Globe.

via : http://singsupplies.com/showthread.php?t=49002

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New $100 looks to outsmart counterfeiters

http://www.usatoday.com/money/economy/2010-04-21-new-100_N.htm

By Jeannine Aversa And Martin Crutsinger, AP Economics Writers
WASHINGTON — The folks who print America's money have designed a high-tech version of the $100 bill. It's part of an effort to stay ahead of counterfeiters as technology becomes more sophisticated and more dollars flow overseas, Federal Reserve Chairman Ben Bernanke says.

The makeover was unveiled Wednesday.

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Fake $50 notes surface in Boon Lay Market and Food Centre 

SINGAPORE: Over the past four days, six hawkers at the Market and Food Centre at blocks 221, 221A and 221B in Boon Lay Place each received a fake 50-dollar note.

It's not hard to tell the difference between the fake and real notes.

The print on the fake notes smudges after coming into contact with water.

But it's easy to miss out these details despite the tell-tale signs.

That was why the six hawkers, who sell drinks, food and vegetables, suffered losses of S$300.

The victims said the culprits act alone and turn up when the stall owners are busy.

Now, the hawkers have become more alert, and have also warned others to be careful.

Police said they received 72 such reports from 2006 till the first half of last year.

sauce: http://www.channelnewsasia.com/stories/singaporelocalnews/view/1075231/1/.html

via : http://forums.hardwarezone.com.sg/showthread.php?t=2977045

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real or fake?

Chanced upon a conversation the shop owner was having with a few customers....so I kaypoh kaypoh into the conversation..... Don't know if this is a coy or what but.
 
WTF.....counterfeit S$10 was rejected by a sharp eyed customer. They were pointing out the sign of the county !
 
I touched and feel the county but could not tell the difference. It is plastic S$10 note and feel like the real thing with plastic see through window for the SINGAPORE CREST.....watermark...etc...
 
You tell me.... what is the differences ?
 

 
..
These are two of the difference pointed out apart from richer colour and print on the real plastic note...

 

via : http://www.vagsg.com/forums/showthread.php?t=42415