Scammers Busted for Printing 1 Million in Fake 20 RMB Notes

By Bridget O'Donnell, December 8, 2016

0 0

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]

more news

For Love Not Money: The Best Guitarist You've Never Heard Of

For some, it's not all about fame, but doing what you love for those who love it.

Ex-Professor Discusses Shinzo Abe’s Death Using Anti-China Slur

The former Tangshan Normal University professor was criticized by her old employer.

Chinese Province Blocks International Calls to Fight Scams

Four provinces have blocked both international calls and texts, while one has only blocked SMS.

China Implements Anti-COVID-19 Measures on International Mail

Upon arrival in China, international mail will be disinfected and held for up to seven days before delivery. However, given what we know about how long the virus can survive on different surfaces and reacts to temperature changes, is it necessary?

With WeChat Money Frozen, Exasperated Expats Light Up Groups

WeChat frustrates foreigners nationwide with abrupt Wallet freezes.

Is This 14-Year-Old Girl from Shandong China's Next Yao Ming?

Zhang exploded with 42 points, 25 rebounds and six blocks – helping to lead her team to the championship.

Sun Safety Tips for Anti-Aging and Cancer Prevention

UV rays from the sun can cause major damage to the skin.

0 User Comments

In Case You Missed It…

We're on WeChat!

Scan our QR Code at right or follow us at thatsonline for events, guides, giveaways and much more!

7 Days in China With

Weekly updates to your email inbox every Wednesday


Download previous issues

Never miss an issue of That's Magazines!

Visit the archives