According to CCTV News, Police in south China’s Guangdong Province have arrested a couple on suspicion of printing counterfeit banknotes.
Mr. Tian, 26, and his wife surnamed Hong, used a color printer to forge 10 and 20 yuan banknotes at their house in Huizhou city. The couple had printed up to 400,000 yuan (approx. 63,000 USD) and profited more than 60,000 yuan (approx. 9,400) over the past 10 months, according to the Guangdong-based Southern Metropolis Daily.
They were selling the banknotes at a price 15 to 30 percent lesser than their face value, said Mr. Li, a local police officer.
The couple in question mainly used QQ, a popular online chat network in China, to search for potential buyers and couriered them via express delivery.
A local courier company first detected the counterfeit notes in October when the security scanning machine failed to detect packets wrapped in some “special material.”
Police apprehended Mr. Tian and his wife from his rented house in Huizhou on October 26. They also found a computer, a printer and a gold foil pressing machine that were used for the scam.
Mr. Tian had bought the banknote templates online and used his computer skills to design the notes, mastering the skill over time, according to the police.
Although the counterfeit notes can easily be distinguished, they could however be ignored during rush.
“The notes mainly circulated in farmers’ markets and convenience shops. They may not be obvious if the light is dimmed. And they are in small denominations…” said officer Li.
Both Mr. Tian and his wife have confessed their crime and the case is under investigation.
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