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Police target Hong Kong fake banknotes

Monday, 23 April 20073 min read

HONG KONG: More than a fifth of the counterfeit HK$1,000 banknotes recently seized in Hong Kong were brought in from Vietnam, according to police Deputy Commissioner Peter Yam Tat-wing.

He told The Standard that police believed there had not been a massive print run of the fake notes.

Up to Wednesday of last week, Hong Kong police had seized 2,033 fake HK$1,000 banknotes, with 297 of them thought to have been brought in from Macau, 100 from Singapore, more than 400 from Vietnam and less than 20 from the mainland.

Hong Kong police were liaising with the Vietnamese government on the issue, Yam said.

In Huizhou city, Guangdong province, top police officers from Hong Kong, Guangdong and Macau last week attended their annual meeting to discuss closer cooperation on cross-border crime, teenage drug abuse in the mainland and regional security issues.

Yam said the number of counterfeit banknotes detected in Hong Kong has been greatly reduced since police targeted the syndicate involved.

The Standard reported that 53 people have been detained so far, but the police have refused to reveal their nationalities.