2 men arrested for suspected involvement in counterfeiting S$100 notes, S$17,500 in fake notes seized

Another man was arrested for allegedly using a counterfeit S$100 note to buy lottery ticket.

Nyi Nyi Thet | July 06, 2021, 11:18 PM

The Police are investigating three men aged between 27 and 63 for their suspected involvement in a conspiracy to use counterfeit notes as genuine.

On July 4, 2021, the Police received a report where a man allegedly presented a counterfeit S$100 note to purchase a lottery ticket along Ubi Road.

Through follow-up investigations, officers from the Commercial Affairs Department arrested a 63-year-old man for allegedly using a counterfeit S$100 note.

Another counterfeit S$100 note and drug-related paraphernalia were purportedly found in his possession as well.

The man is currently assisting the Police in investigations.

Earlier that same day, the Police, acting on information, arrested two other men, aged 27 and 44, for their suspected involvement in counterfeiting S$100 notes.

Counterfeit S$100 Portrait series notes with a total value of S$17,500 were also seized.

The 44-year-old man will be charged in court on July 7 2021 with forging or counterfeiting currency or bank notes under Section 489A of the Penal Code, while the younger man is still assisting in Police investigations.

There was a case last week involving a counterfeit S$100 note as well.

Image courtesy of police