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Man To Be Charged For Delivering A Counterfeit Singapore $10,000 Note

The Police will be charging a 36-year-old man on 23 January 2025 for his suspected involvement in delivering a counterfeit Singapore $10,000 note.

On 23 December 2024, at about 12.00pm, the man was at a bank located along Upper Cross Street, when he allegedly presented a Singapore $10,000 note to a bank counter staff, and requested for the note to be deposited into his bank account. Upon receiving the note, the counter staff suspected that the note was counterfeit and promptly informed the manager.

The Police was alerted and subsequently arrested the man. The counterfeit Singapore $10,000 note was seized for investigations.

The man will be charged in court with the offence of using as genuine counterfeit currency notes under Section 489B of the Penal Code 1871, punishable with an imprisonment term of up to 20 years, and a fine.

The Police take a serious view of any person found criminally involved in counterfeit currency. Below are the punishments for the more common offences related to counterfeit currency:

  • Forging or counterfeiting currency or bank notes under Section 489A of the Penal Code 1871 - punishable with an imprisonment term of up to 20 years, and a fine.

  • Using as genuine counterfeit currency notes under Section 489B of the Penal Code 1871 - punishable with an imprisonment term of up to 20 years, and a fine.

  • Possession of forged or counterfeit currency or bank notes under Section 489C of the Penal Code 1871 - punishable with an imprisonment term of up to 15 years, and a fine.

  • Making or possessing instruments or materials for forging or counterfeiting currency or bank notes under Section 489D of the Penal Code 1871 - punishable with an imprisonment of up to 20 years, and a fine

Members of the public are reminded to be cautious of individuals offering money in exchange for assistance to convert counterfeit S$10,000 or other large denomination currency notes with genuine currency of smaller denominations or for depositing such notes at banks or other financial institutions. If you have received any suspected counterfeit notes, you should:

  • Call the Police at ‘999’ immediately;

  • Note down the description of the person(s) who presented the counterfeit note, including gender, race, age, height, built, clothing, tattoo and language/dialect spoken; 

  • Note the description of the vehicle used, if any, including its registration number; and

  • Limit the handling of the suspected counterfeit note and place it in a protective covering, such as an envelope or folded paper, to prevent further tampering and hand it over to the Police immediately.

Information on the security features of genuine Singapore currency is available on the Monetary Authority of Singapore’s website at: https://www.mas.gov.sg/currency/Identifying-Genuine-Currency. 

Photos of counterfeit note seized

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20250122_man_to_be_charged_for_delivering_a_counterfeit_2


PUBLIC AFFAIRS DEPARTMENT
SINGAPORE POLICE FORCE
22 January 2025 @ 9:01 PM
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