extracted from CNA.
SINGAPORE : Imagine exchanging nearly S$900 for a foreign currency, receiving fake notes instead and in the end only getting half of the value that is owed to you.
This was what happened to 25-year-old TODAY reporter Lee U-Wen when he walked into a money changer at Raffles Place to get some English pounds.
A month after the transaction, he realised the six 50-pound notes were fakes.
Closer inspection of the suspicious notes showed they had no watermarks; three notes had the same serial number.
When U-Wen returned to the same money changer to seek recourse, the money changer agreed to compensate him half the original value.
Other money changers our news team spoke to advise travellers to be careful when exchanging foreign currency, and to inspect details like serial numbers and watermarks.
According to Police, there were seven reported cases of counterfeit currency involving money changers.
So what happened to the six fake notes that U-Wen returned in the end? They were destroyed by the money changer. - CNA /ct
how about using fake notes at mama shops and macdonald's drive-thru?
if suspect fake quick report police...make the case big...sometime the monie changer act blur u tink their job can be so easy everyday sit there press calculator meh...they have to know how to identify real and fake notes and should have some minimum ways, skills or equipment to test notes....if we dun do our little part...the whole country gonna be counterfeit traders paradise!
that's why i enjoy malaysia. mix in some fake ones in a stash, pass it to them in a hurry and off you go. you get me??
oh that was just an idea.