Man, 52, Arrested For Production Of Counterfeit S$50 Notes

A 52-year-old man believed to be have made and used counterfeit S$50 notes has been arrested.

At about 10am last Thursday (May 26), the Police received a report that counterfeit notes were being presented for payment at a convenience store in Hougang Street 91.

After extensive ground enquiries to establish the suspect’s identity, officers from the Hougang Neighbourhood Police Centre arrested the suspect later that afternoon along Hougang Ave 8.

A printer, a bag and several S$50 bills, which are believed to be counterfeit, were seized as case exhibits, said the Singapore Police Force on Tuesday.

The counterfeit notes, which are believed to be photocopied reproductions, lack security features such as watermarks (an image that can be seen when held up to the light), and security-thread (thread that is interwoven in the paper running vertically down) found on genuine notes.

To date, the counterfeit notes in the cases reported bear the following four serial numbers:

  • 5DC995967
  • 4KT595133
  • 4AX921719
  • 4LB831932However, members of the public are advised to be on the alert for counterfeit notes of different serial numbers, the Police said. Upon receipt of a suspected counterfeit note, the Police advise the following measures:
    • Delay the presenter, if possible, and call 999 immediately
    • Observe the presenter’s description, such as gender, race, age, height, build, attire, tattoo marks, ear studs, language/dialect spoken, and if he has any companions
    • Note the vehicle registration number (if any), and
    • Limit the handling of the suspected note and place it in a protective covering, such as an envelope, to prevent any tampering and hand it over to the Police immediately.

    Police investigations are ongoing. Anyone convicted of using counterfeit currency notes as genuine faces a jail term of up to 20 years, as well as a fine.

Source: TODAY Online

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