US$1.2 million fake notes seized as Thai police bust counterfeit gang

[Jonathan Fairfield]

US$1.2 million fake notes seized as police bust counterfeit gang

 

 

A nine-member gang that allegedly printed and sold fake US dollar bills in Thailand has been bust in a combined operation by Thai police and US Secret Service officers.

 

The arrest was announced at a press conference yesterday by Provincial Police Bureau 2 commissioner Lt Gen Jitti Rodbangyang, Chon Buri Police commander Pol Maj Gen Decha Songhong and a US Secret Service officer. 

 

Jitti said the nine suspects, including a Chinese man, Zhu Ifeng, 35, were arrested in the operation carried out from July 27 to August 1. 

 

The eight Thai suspects were identified as Suphannikr Laochai, 40, Hanusa Sarakhon, 43, Jarunee Inwilai, 37, Akkarachai Suwatsupakul, 35, Suwatjak Siriwong, 50, Thanatpornlak Pattamaridsam, 53, Kanmanee Yimudam, 50, and Supakorn Raksaburi, 64. 

 

Jitti said fake US100 bills with a face value of US1.262 million were seized. 

 

The authorities also seized three packs of white paper for printing the banknotes and six fake banknote detecting machines. 

 

Authorities also seized a skimming machine and nine fake electronic cards.

 

Jitti said authorities found that Zhu and his Thai accomplices also stole data of credit cards to make fake cards to steal from the owners’ accounts. 

 

The US Secret Service officer said similar fake notes that seemed to be printed by the same mould have been found and seized in Thailand and neighbouring countries. 

 

Fake notes printed by the same moulds have been used at several Thai bank branches during the past four years, he said.

 

Source: http://www.nationmultimedia.com/detail/breakingnews/30322800

 

 

-- © Copyright The Nation 2017-08-04

[Thaiwrath]

The photographs aren't the same without the perpetrators and the pointing.

The coppers look as miserable as sin !

[Cadbury]

22 minutes ago, Thaiwrath said:

The photographs aren't the same without the perpetrators and the pointing.

The coppers look as miserable as sin !

Indeed. It must really hurt to see all that money laid out in front of them yet knowing it is fake and they can't get their grubby paws on it.

[observer90210]

Such a huge load of (non) tea-money!

 

Is everybody sure that during the raid, some bags of the fakes did not get "misplaced" due to a "misunderstanding"?

 

Another good reason never to trust the U$Dollar!!

Edited August 4, 2017 by observer90210

[ballpoint]

Good to see some real fake news for a change.

[colinneil]

To hell with all the praise catching them, we are not able to get our cut out of it.

[wombat]

15 hours ago, observer90210 said:

Such a huge load of (non) tea-money!

 

Is everybody sure that during the raid, some bags of the fakes did not get "misplaced" due to a "misunderstanding"?

 

Another good reason never to trust the U$Dollar!!

in god we trust. all others pay cash

[wvavin]

We should use such currency for those money-greedy police that stop our car along the streets.

[drake]

The real ones are just because we believe in it .....

 

[mikiea]

18 hours ago, Thaiwrath said:

The photographs aren't the same without the perpetrators and the pointing.

The coppers look as miserable as sin !

huh , i thought they first said 2.2 million ,  ehh... maybe i heard or read wrong  , yea dat's it  , i missunderstood .

[farcanell]

19 hours ago, Thaiwrath said:

The photographs aren't the same without the perpetrators and the pointing.

The coppers look as miserable as sin !

Lol.... maybe because one or two of the miserable as sin looking coppers are guilty of sinning.... and are watching their bonus go up in smoke 

[stephenterry]

This is interesting. 3 packs of white 'paper' used to print the notes. A genuine $ bill is made of material that is more like the shirt on your back than paper. If 'paper' was used, it should be readily identified as being fake. I take it, the printing mold was high spec and thus a little more care by the fraudsters ought to have been priority. Best is to accumulate as many $1 bills  as needed, bleach the non-paper material, and then use the printing press. 

 

No doubt this post will be shredded, ha, ha.

[rooster59]

Chinese-Thai fake note gang busted in Pattaya

 

A nine-member gang that allegedly printed and sold fake US dollar bills in Thailand was busted and fake US bills with a face value of US1.26 million (about 42 million baht) were  seized.

 

The arrest of the gang whose leader is a Chinese identified as Zhu Ifeng, 35, was revealed at a press conference at the Chonburi-based Provincial Police Bureau 2 yesterday (Aug 4).

 

Bureau 2 commissioner Pol Lt-Gen Jitti Rodbangchang said the arrest was a joint cooperation between the US authorities said the Thai police started from July 27 to Aug 1.

 

He said  fake US100 bills with a face value of US1.262 million were seized, along with three packs of white paper for printing the banknotes, fake banknote detecting machines, a skimming machine and nine fake electronic cards.

 

Full story: http://englishnews.thaipbs.or.th/chinese-thai-fake-note-gang-busted-pattaya/

 

 

-- © Copyright Thai PBS 2017-08-05

[psyvolt]

God I love this site.

Cops are do a good job busting a criminal syndicate, yet posters have nothing better to do then have a go and whinge, yet are still the first to lay the boot in when cops arnt seen to do enough. What is it, do you want the cops to work or not? As according to so many posters here - there damned either way.

[saminoz]

3 minutes ago, psyvolt said:

God I love this site.

Cops are do a good job busting a criminal syndicate, yet posters have nothing better to do then have a go and whinge, yet are still the first to lay the boot in when cops arnt seen to do enough. What is it, do you want the cops to work or not? As according to so many posters here - there damned either way.

The story is very conveniently "light" on the involvement of the US Secret Service team.  They are nowhere to be seen in the obligatory photo (for obvious reasons).

I'm afraid that with too many years of experience of the RTP, I cannot help but be cynical about whether the amount would have been reported correctly without the US involvement, or whether it would have been reported at all (of course, without the US involvement, one wonders whether the gang would ever have been caught).

[over it]

1 hour ago, wvavin said:

We should use such currency for those money-greedy police that stop our car along the streets.

Yes, like they do in India. Must use a different currency though. The Secret Service doesn't play around.

[Thaiwrath]

10 minutes ago, psyvolt said:

God I love this site.

Cops are do a good job busting a criminal syndicate, yet posters have nothing better to do then have a go and whinge, yet are still the first to lay the boot in when cops arnt seen to do enough. What is it, do you want the cops to work or not? As according to so many posters here - there damned either way.

If you read this site regularly (without the aid of your rose tinted glasses), I think you will find that most of the ridiculing of the RTP is self inflicted. 

[psyvolt]

6 minutes ago, saminoz said:

I cannot help but be cynical about whether the amount would have been reported correctly without the US involvement

Ahhhh, so now we are going to criticize for something that didnt happen, but could have?

Ok then. I shall say you are a murderer but who knows, call me cynical but you could have murdered the local shop keeper except the weather was too sunny that day, there for you should forever be called a murderer because you maybe/could have/thought about it.

[psyvolt]

2 minutes ago, Thaiwrath said:

I think you will find that most of the ridiculing of the RTP is self inflicted. 

And yet they do a good job, and still get the same amount of criticising.

If I was in the RTP, buggered if id bother helping a stupid farang, if even if they do something good, they get the same arsehats complaining and whinging.

[psyvolt]

5 minutes ago, Thaiwrath said:

If you read this site regularly (without the aid of your rose tinted glasses)

Maybe if you took off your whinging farang pants, you might realise that a bit of a job well done is indeed called for, instead of living up to the stereotype of whinging about anything and everything expat farangs.

[saminoz]

16 hours ago, psyvolt said:

Ahhhh, so now we are going to criticize for something that didnt happen, but could have?

Ok then. I shall say you are a murderer but who knows, call me cynical but you could have murdered the local shop keeper except the weather was too sunny that day, there for you should forever be called a murderer because you maybe/could have/thought about it.

"Ok then. I shall say you are a murderer"

I feel a defamation twitch starting.

How can you be so naive when the RTP are constantly being caught out for corruption?

You're not wearing a cheerleader skirt are you?

[TallGuyJohninBKK]

If I were a local luxury car dealer, I wouldn't be accepting any all-cash luxury car purchases made in U.S. dollars by folks in uniform any time soon.

 

[psyvolt]

16 hours ago, saminoz said:

I feel a defamation twitch starting.

How can you be so naive when the RTP are constantly being caught out for corruption?

You're not wearing a cheerleader skirt are you?

Naaaaaw, never heard the saying whats good for the goose is good for the gander? If you can make up what ifs, so can I. Sorrt if your too sensitive to have what you said reveresed, but I thought we were all adults here, and not little girls hiding behind their mothers skirt.

 

Naive, sorry but where have I said they have never done anything wrong? Maybe it's you with the problem as you cant be seen saying anything positive about any thai, or its workers.

 

Your not wearing boxing gloves just waiting to bash anything Thai are you?

[Get Real]

Takes you a long way, when you want to take a holiday trip to the states! 

[mikebell]

4 hours ago, psyvolt said:

If I was in the RTP, buggered if id bother helping a stupid farang,

They only help a farang when there's something in it for them.  The earlier poster commented on how much of a job would have been done if there had been no US involvement.  Thai police buy their positions; do as little 'serving and protecting' as possible; ignore the law for themselves, their family. colleagues.

It will take an unfortunate incident to convince you of this truth.  I hope you don't suffer what I had to endure during the last six months.

[digger70]

Fake notes have been used by Thai banks for four years,Does that mean that the banks passed them back to the public? was that to make an extra buck ? Shouldn't the banks have taken the Notes out of circulation? looks like the banks are criminals with a license,that's the way I read this.

[saminoz]

4 hours ago, psyvolt said:

Naaaaaw, never heard the saying whats good for the goose is good for the gander? If you can make up what ifs, so can I. Sorrt if your too sensitive to have what you said reveresed, but I thought we were all adults here, and not little girls hiding behind their mothers skirt.

 

Naive, sorry but where have I said they have never done anything wrong? Maybe it's you with the problem as you cant be seen saying anything positive about any thai, or its workers.

 

Your not wearing boxing gloves just waiting to bash anything Thai are you?

Respectfully, I am certainly not a Thai basher, I love Thailand, but you seem to be the sensitive one here!  

 

If you really can't see the RTP for what they are, and read between the lines here, you are either a penny short of a shilling or, as others have noticed, hopelessly blinkered and naive in the extreme.

 

Without the US Secret Service involvement, it is highly doubtful that this "gang' would have been caught at all.  This was part of a much wider investigation, involving several neighbouring countries and I am pretty certain that the RTP had little (if any) effect or impact on those investigations either.

 

As Mike Bell said above, I only hope your truth dawns without ridiculous cost to you and yours, financially or physically.

[Classic Ray]

What's all this talk of mold/mould? Banknotes are printed using engraved plates, coins are stamped from dies.

[NoBrainer]

So did they get the Plates & Printing Press or not?

 

Story is rather unclear on that aspect.

[wakeupplease]

8 hours ago, psyvolt said:

God I love this site.

Cops are do a good job busting a criminal syndicate, yet posters have nothing better to do then have a go and whinge, yet are still the first to lay the boot in when cops arnt seen to do enough. What is it, do you want the cops to work or not? As according to so many posters here - there damned either way.

You think the local bib did the bust?

 

No they where told to do it by the US Secret Service officers

 

Otherwise there may have been a bust but not so much money found