Two Men Arrested For Using Counterfeit S$10,000/- Orchid Series Note
The Police have arrested two men, aged 34 and 55, for their suspected involvement in using a counterfeit S$10,000 Orchid Series note.
On 20 August 2019, the Police received a report from a victim who discovered that a piece of S$10,000 Orchid Series note which he bought from an online seller was a counterfeit. The note was seized as case exhibit.
Through investigations, officers from the Commercial Affairs Department established the identities of the two men and arrested them on 22 August 2019. Two T-shirts, a receipt, three mobile phones and cash amounting to S$1,200 were seized. Preliminary investigations revealed that the 34-year-old man is believed to have bought the S$10,000 Orchid Series note, believed to be counterfeit, from an unknown man in Batam, Indonesia, in August 2019. He and the 55-year-old man later sold it online to the victim for a sum of S$11,500.
Investigations are ongoing. Anyone convicted for the offence of using as genuine counterfeit currency notes shall be punished with an imprisonment term which may extend to 20 years, and shall also be liable to fine.
Members of the public are reminded to be vigilant and to examine any S$10,000 Orchid Series notes as they are not commonly available and in circulation. Descriptions and images of the Orchid Series notes are available on MAS’ website at https://www.mas.gov.sg/currency/Singapores-Circulation-Currency-Notes.
The Police would also like to remind members of the public to be wary of receiving possible counterfeit notes. If you have received any suspected counterfeit currency note, you should: –
Report it to the nearest Neighbourhood Police Centre;
Delay the person(s) who presented the suspected counterfeit note, if possible, and call the Police at ‘999’ immediately;
Note of description of the person(s) who presented the counterfeit note, including gender, race, age, height, built, clothing, tattoo and language/dialect spoken;
Note the description of the vehicle used, if any, including its registration number; and
Limit the handling of the suspected counterfeit note and place it in a protective covering, such as an envelope, to prevent further tampering. Hand it over to the Police immediately.
Source: Singapore Police Force