webfact Posted May 3, 2022 Share Posted May 3, 2022 By Panithan Onthaworn Thai officials alerted the public on Tuesday to be cautious of counterfeit 1,000-baht banknotes after several complaints from vendors in a market in Nonthaburi. Officials said that they are rushing the investigation to identify the perpetrators. As Thailand’s inflation soared to a record high in 13 years largely due to a hike in energy and food prices, counterfeit money appears to be on the rise. Over the past weekend, local media reported a case of 30 fake 1,000-baht banknotes in a day discovered in the north of Bangkok. Join our daily ASEAN NOW Thailand Newsletter - Click to subscribe Yingyot Thepjamnong, the Royal Thai Police spokesman, said police across the country are prepared to take action against the counterfeiters. Full story: https://www.thaienquirer.com/39862/thai-police-warn-of-serious-criminal-offense-for-fake-banknotes-as-inflation-hits-13-year-high/ -- © Copyright Thai Enquirer 2022-05-04 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. - Follow ASEAN NOW on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
Popular Post ukrules Posted May 3, 2022 Popular Post Share Posted May 3, 2022 So long as they don't make it into the ATMs there won't be a serious problem. 5 Link to comment Share on other sites More sharing options...
hotchilli Posted May 3, 2022 Share Posted May 3, 2022 3 hours ago, ukrules said: So long as they don't make it into the ATMs there won't be a serious problem. If it makes it into the banking system I'm sure they will be recycled properly 2 Link to comment Share on other sites More sharing options...
sammieuk1 Posted May 4, 2022 Share Posted May 4, 2022 The Moody money has found a moody police force to track down the moody miscreants ???? Link to comment Share on other sites More sharing options...
khwaibah Posted May 4, 2022 Share Posted May 4, 2022 The south will rise again. 2 Link to comment Share on other sites More sharing options...
smedly Posted May 4, 2022 Share Posted May 4, 2022 5 hours ago, ukrules said: So long as they don't make it into the ATMs there won't be a serious problem. exactly, since 1000baht notes are the biggest here the only place you could possibly get a fake note is either from a bank ATM or exchange booth unless of course you have a business or work here and are paid in cash or you sell something 2 Link to comment Share on other sites More sharing options...
Popular Post mikebell Posted May 4, 2022 Popular Post Share Posted May 4, 2022 7 hours ago, webfact said: Officials said that they are rushing the investigation then they can get back to playing Candy Crush on their phones. 1 3 Link to comment Share on other sites More sharing options...
TropicalGuy Posted May 4, 2022 Share Posted May 4, 2022 4 hours ago, hotchilli said: If it makes it into the banking system I'm sure they will be recycled properly Exactly. Get All my Cash from ATM so largest note in change is 500 baht. Appears anti - counterfeiting is main reason for max 1000 baht notes. Those 500 Euro notes ( 40,000 baht) are ridiculous and criminal heaven. Link to comment Share on other sites More sharing options...
Popular Post Pattaya Spotter Posted May 4, 2022 Popular Post Share Posted May 4, 2022 (edited) Sucks if you're a vendor who has taken one of these fake notes...the fuzz confiscate them without compensation; so no incentive to turn them in and better to just try to pass them on to someone else. Edited May 4, 2022 by Pattaya Spotter 1 1 1 Link to comment Share on other sites More sharing options...
RafPinto Posted May 4, 2022 Share Posted May 4, 2022 19 minutes ago, TropicalGuy said: Exactly. Get All my Cash from ATM so largest note in change is 500 baht. Appears anti - counterfeiting is main reason for max 1000 baht notes. Those 500 Euro notes ( 40,000 baht) are ridiculous and criminal heaven. 500EUR/40,000BAHT?? Ok, tomorrow, I can bring you a few hundred 500EUR notes. Please bring Thai Baht in cash. Krub Link to comment Share on other sites More sharing options...
hotchilli Posted May 4, 2022 Share Posted May 4, 2022 3 hours ago, TropicalGuy said: Exactly. Get All my Cash from ATM so largest note in change is 500 baht. Appears anti - counterfeiting is main reason for max 1000 baht notes. Those 500 Euro notes ( 40,000 baht) are ridiculous and criminal heaven. My ATM regularly dispenses 1,000 baht notes, only when that seems empty will it give 500 baht value. Talking of detecting fake notes, I have noticed some very different coloured 100 baht notes circulating.. you'd think if a new note is made the old ones would be taken out of circulation very quickly, yet these have been around for months. Link to comment Share on other sites More sharing options...
kickstart Posted May 4, 2022 Share Posted May 4, 2022 13 hours ago, TropicalGuy said: Exactly. Get All my Cash from ATM so largest note in change is 500 baht. Appears anti - counterfeiting is main reason for max 1000 baht notes. Those 500 Euro notes ( 40,000 baht) are ridiculous and criminal heaven. Or the Swiss 1000 frank note now you would get 34 900 baht. Maximum Euro, is 500 Euro note or 18 110 baht. Link to comment Share on other sites More sharing options...
jacko45k Posted May 4, 2022 Share Posted May 4, 2022 16 hours ago, hotchilli said: My ATM regularly dispenses 1,000 baht notes, only when that seems empty will it give 500 baht value. Talking of detecting fake notes, I have noticed some very different coloured 100 baht notes circulating.. you'd think if a new note is made the old ones would be taken out of circulation very quickly, yet these have been around for months. I suspect the old notes with the previous King are popular, I still get the odd few. Love it when the ATM has run out of 1000 baht notes and I get a nice pile of 500s, much more useable! 1 Link to comment Share on other sites More sharing options...
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