A nine-member gang that allegedly printed and sold fake US dollar bills in Thailand was busted and fake US bills with a face value of US1.26 million (about 42 million baht) were seized.
The arrest of the gang whose leader is a Chinese identified as Zhu Ifeng, 35, was revealed at a press conference at the Chonburi-based Provincial Police Bureau 2 yesterday (Aug 4).
Bureau 2 commissioner Pol Lt-Gen Jitti Rodbangchang said the arrest was a joint cooperation between the US authorities said the Thai police started from July 27 to Aug 1.
He said fake US100 bills with a face value of US1.262 million were seized, along with three packs of white paper for printing the banknotes, fake banknote detecting machines, a skimming machine and nine fake electronic cards.
According to the commissioner, Zhu and his Thai accomplices also stole data of credit cards to make fake cards to steal from the owners’ accounts.
Fake notes printed by the same moulds have been used at several Thai bank branches in Pattaya, Chachoengsao and Pathum Thani during the past four years, he said.
US embassy authorities warned currency exchange and business operators to carefully check the authenticity of bank notes, especially the US100 bills, as fake notes have been found in several tourists areas recently.