The Police have arrested a 29-year-old man who is believed to be involved in the production of S$100/- and S$50/- counterfeit notes.
On 13 Jul 2016, Police received a report that a S$100/- counterfeit note was presented at a coffeeshop along Upper Paya Lebar Road. The note was seized as case exhibit.
With footages obtained from the Police cameras and CCTV in the vicinity, officers from the Commercial Affairs Department established the suspect’s identity and arrested him along Upper Paya Lebar Road on 19 July 2016. A piece of S$50/- counterfeit note was also seized from the suspect following his arrest.
The counterfeit S$50 and S$100 notes, which are believed to be photocopied reproductions, lack security features such as the watermark (an image that can be seen when held up to the light). They also contain a simulated kinegram (octagonal reflective foil) and security-thread (thread interwoven in the paper running vertically down) which are distinctively different from those on genuine notes. The image on the simulated kinegram does not shift when the note is tilted. The surface of the counterfeit notes also lack the embossed feel on genuine notes.
Investigations are ongoing. Anyone who is convicted of Producing Counterfeit Currency Notes or Using As Genuine Counterfeit Currency Notes shall be punished with imprisonment term which may extend to 20 years, and shall also be liable to fine.
If you suspect that you have received a counterfeit currency note, please adopt the following measures:-
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Delay the presenter, if possible, and call the Police at '999' immediately;
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Observe the presenter's description, such as gender, race, age, height, built, attire, tattoo marks, ear-studs, language/dialect spoken as well as that of any companions;
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Note the vehicle registration number (if any); and
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Limit the handling of the suspected note and place it in a protective covering, such as an envelope, to prevent any tampering and hand it over to the Police immediately.
Information on the security features of genuine Singapore currency is available on the MAS website at: https://www.mas.gov.sg/currency/circulation-currency/identifying-genuine-currency
SINGAPORE POLICE FORCE
22 July 2016 @ 6:15 PM