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Thai man arrested for selling fake 1,000 baht banknotes

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Photo via Thai Tai Channel

 

Officers from the Economic Crime Suppression Division (ECD) yesterday arrested a Thai man after discovering he sold fake 1,000 baht banknotes online with a promotion, buy 10 get 1 free.

 

The Bank of Thailand received a complaint about counterfeit banknotes being sold on Twitter and then reported the issue to the EDC and urged for an urgent investigation as the fake bills could potentially cause a huge impact on Thailand’s economic system.

 

The Twitter user was identified as 25 year old Thai man Kritsada. He was arrested yesterday at his house in the central province of Sing Buri.

 

According to the police report, Kritsada sold the fake 1,000 baht banknotes at 100 baht each and offered his customers a promotion of buying 10 bills to get one free.

 

The customers could either pay on delivery or transfer the money to Kritsada’s account. He delivered the fake bills to his customers using a private delivery company.

 

Full Story: https://thethaiger.com/news/national/thai-man-arrested-for-selling-fake-1000-baht-banknotes

 

Thaiger

-- © Copyright Thaiger 2023-05-11

 

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  • Popular Post
Quote

 buy 10 get 1 free.

I always miss out on these deal. ????

11 minutes ago, snoop1130 said:

buy 10 get 1 free.

I prefer the promotions, buy 2 get 1 free. 

 

usually 20 pound notes that are out of date 

Happens in every country. Even where I am from it happened in the 90s, my friend had a £20 note and the queen had a beard!

Pretty stupid to do illegal business online.

Perhaps he was selling them saying they weren't legal tender?

13 hours ago, SAFETY FIRST said:

I prefer the promotions, buy 2 get 1 free. 

 

Or the endearing Thai offer - 'Buy One, Get One'.

Oh my god, let's not make it too obvious dude! Can't you be a normal counterfeiter and just pass them?

 

And he promoted it on social media? OMG

15 hours ago, snoop1130 said:

According to the police report, Kritsada sold the fake 1,000 baht banknotes at 100 baht each and offered his customers a promotion of buying 10 bills to get one free.

How stupid are some people?

59 minutes ago, hotchilli said:

How stupid are some people?

You could pay him with one of his own notes... and get change in real 100s.

I bought these on line before I came and I have had no problems so far changing them for Thai baht at the exchange booths

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7 hours ago, rwill said:

Pretty stupid to do illegal business online.

Perhaps he was selling them saying they weren't legal tender?

At 100 Baht selling price for a 1,000 Baht note, and also buy 10 get 1 free how could anyone believe they might be real.

There must be a lot around though, last twice I've used a 1,000 note in a 7-11 they checked the notes before accepting them.

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