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Jan 18, 2010
Fake S'pore notes
<!-- by line --> <!-- end by line --> 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.
Read the full report in today's edition of The New Paper.
Home > Breaking News > Singapore > Story
Jan 18, 2010
Fake S'pore notes
<!-- by line --> <!-- end by line --> 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.
Read the full report in today's edition of The New Paper.
