Scammers Busted for Printing 1 Million in Fake 20 RMB Notes

By Bridget O'Donnell, December 8, 2016

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Six counterfeiters were recently busted for printing more than RMB1 million in fake banknotes.

Global Times reports that Shandong police busted a workshop holed in a rental house, where they caught scammers making fake money. In total, police seized 50,000 fake RMB20 bills from four different locations.

The main suspect, a 23-year-old man surnamed Li, had sold his fake notes in 27 cities across 15 provinces since February. The money was produced by printers in the rental house then distributed to dealers across the country, who processed the bills and added the final touches. Li reportedly had excellent graphic design and Photoshop skills, and his fake banknotes were hard to identify, even in dark light.

Five other suspects around China were also arrested in connection with the crime.

[Image via Global Times]

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