crime

Taiwan makes biggest haul of fake Japanese banknotes

6 Comments

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Fascinating.

4 ( +4 / -0 )

Well, everybody knows that, just about everything is made in China.

3 ( +4 / -1 )

The numbers don’t add up. Total face value is ¥500,000,000 or about USD4,545,455 so why would someone pay USD6,300,000 for half of the forged notes.

8 ( +8 / -0 )

Investigators are looking into the origin of the fake bills.

Try a printing press next to a stationary shop down a back ally.

-1 ( +1 / -2 )

Investigators are looking into the origin of the fake bills.

It is China! You can find counterfeit goods everywhere. The government supports all kinds of law breaking as long as they can get in on it.

The numbers don’t add up. Total face value is ¥500,000,000 or about USD4,545,455 so why would someone pay USD6,300,000 for half of the forged notes.

It might be a translation issue, but they could be used in another illegal purchase. That purchased good or service could then be used to make even more money. I would imagine big time counterfeit currency dealers will have multiple revenue generating streams. The counterfeit money is used to fund those other endeavors.

2 ( +3 / -1 )

The math is fuzzy. Something not accurate about the amounts

2 ( +2 / -0 )

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