The Police have arrested a 57-year-old man for his suspected involvement in at least two cases of using counterfeit S$50 notes.
On 5 July 2019, the Police received a report that several pieces of counterfeit S$50 Portrait Series notes were found in the vicinity of Upper Bukit Timah Road. Through follow up investigations, officers from the Commercial Affairs Department established the identity of the man and arrested him on 8 July 2019. Six pieces of S$50 notes, which are believed to be counterfeits, a printer, some printing papers and apparels were seized as case exhibits. Preliminary investigations revealed that the man is believed to have printed several pieces of S$50 notes with his own printer and used the counterfeit S$50 notes on at least two occasions to purchase items of low value.
The man will be charged in court on 9 July 2019 with counterfeiting currency notes and using as genuine counterfeit currency notes under Section 489A and 489B of the Penal Code, Chapter 224, respectively. Anyone convicted for counterfeiting currency notes shall be punished with an imprisonment term which may extend to 20 years, and shall also be liable to fine. 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.
The Police would 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 the 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.
Information on the security features of genuine Singapore currency is available on the MAS' website at: http://www.mas.gov.sg/Currency/Security-Features/How-to-identify-genuine-notes.aspx
Source: Singapore Police Force