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[NBT TV Phuket]

item--4--- on VDO at http://thainews.prd.go.th/newsenglish/prev...php?news_id=863


Police in Phuket advise people to beware of fraudulent banknotes after cases were found in the area.

After a gang were arrested for bank note fraud case, the Thalang Police Superintendent Pol. Col. Thammanoon Faiju revealed that the gang used false 1,000 bank notes to pay at a restaurant. Police then warned members of the public to beware of such fraudulent documents, especially during the New Year holiday period. He further explained that the gangs worked as networks and were found in many locations. They usually use the illegal paper during night time, make it difficult to spot. According to Bank of Thailand data, the fraudulent bank notes are increasing compared to the previous years with 1,000 baht bank notes on top of the list. According to Thai law, the maximum penalty for bank note fraudsters are life imprisonment with maximum fine of 40,000 baht while people who possess or try to use them will face a maximum penalty of 15 years imprisonment or 35,000 baht maximum fine.

Andaman News NBT (VHF dial) + Radio Thailand FM90.5 at 8.30am & perhaps repeats on Phuket Cable TV channel 1 at 7pm & 1am, broadcast to Phang Nga, Krabi & Phuket provinces & maybe Mazz Radio FM108 at 7pm in Phuket, Friday 19 December 2008 & http://thainews.prd.go.th/newsenglish/
& www.YouTube.com/AndamanNews.com

[neverdie]

The article states, "There is no problem about receiving counterfeits from ATMs," he said. "All banks check banknotes before they put them in ATMs."

How confident could one be that 'every' note has been checked by the bank prior to putting it in the ATM. Or was this statement made to 'cover' the banks, thus if you get one out of an ATM, race inside to show them, then its back on you, they stamp ur note & ur on your way out the door minus a few quid.

[seancbk]

Scott, on 2008-12-23 08:33:54, said:

I can hardly wait for the boss to decide not to pay us so we won't be bothered with any of those fake notes!

I have a boss that this could apply to too.


Sean

[jasperguy]

MyphuketLife, on 2008-12-23 08:52:18, said:

markg, on 2008-12-23 09:24:30, said:

I assume the banks have systems in place to check the notes they put in their ATM machines?

That is a good question.... do the banks have a system in place to check all currency proir to dispensing the currency? Or do we have to start carefully looking at all money we get from the bank/atm?

I think, they should install black lights on all the ATM's so anyone can check their notes.

[parryhandy]

neverdie, on 2008-12-23 12:24:25, said:

The article states, "There is no problem about receiving counterfeits from ATMs," he said. "All banks check banknotes before they put them in ATMs."

How confident could one be that 'every' note has been checked by the bank prior to putting it in the ATM. Or was this statement made to 'cover' the banks, thus if you get one out of an ATM, race inside to show them, then its back on you, they stamp ur note & ur on your way out the door minus a few quid.

Ha HA no chance .Agree really wouldnt fancy my chances arguing with the bank if I pulled fake notes out of an ATM.

What does a branch manager do if he gets a load of the fake notes ? Accept the loss and being made a fool of or mix em in the ATM pile and try and get rid of them.

Edited by parryhandy, 2008-12-23 13:49:01.

[farangconnection]

george, on 2008-12-23 08:02:53, said:

Counterfeit banknote rings can face life imprisonment: Police



He said if anyone received fake banknotes from an ATM, they could file a complaint with the police.

The bank said they are easy to spot, so how the heck can they be found in an ATM. Or have the babk passed refilling on to contractors?

[Losangels]

./quote]

The bank said they are easy to spot, so how the heck can they be found in an ATM. Or have the babk passed refilling on to contractors?
[/quote]

It called passing the buck/baht

[stingray]

I guess, the copy ones have all the same serial number anyway.

[Vato]

for all you wanna be counterfeiters out there listen carefully, very carefully... the american secret service has agreements with ALL printer manufcturers of inkjet and laser printers...to print a sequence of blue micro dots designated by algorithyms, on EVERYTHING YOU PRINT...you cannot see them, but they are there...ever printer has its own specific sequence.

this is how they track down counterfeiters who use inkjets and laser printers....registering your warranty card will lead them right to you.

so if your thinking of doing it...DONT

the american secret service was originally formed to combat counterfeting.

[swifty5x5]

Got 40K from ATM in Phuwaing and one of the 1000 baht notes is counterfeit for sure.

[Losangels]

swifty5x5, on 2008-12-23 14:45:06, said:

Got 40K from ATM in Phuwaing and one of the 1000 baht notes is counterfeit for sure.

Go back to the the bank owned ATM and ask for the an exchange and explain the situation.
They may exchange it for genuine one but likely won't
Good luck

[FatherF]

Vato, on 2008-12-23 07:40:11, said:

for all you wanna be counterfeiters out there listen carefully, very carefully... the american secret service has agreements with ALL printer manufcturers of inkjet and laser printers...to print a sequence of blue micro dots designated by algorithyms, on EVERYTHING YOU PRINT...you cannot see them, but they are there...ever printer has its own specific sequence.

this is how they track down counterfeiters who use inkjets and laser printers....registering your warranty card will lead them right to you.

so if your thinking of doing it...DONT

the american secret service was originally formed to combat counterfeting.

And BIG BROTHER is watching....................................................

FF

[morpheusatloppers]

swifty5x5, on 2008-12-23 14:45:06, said:

Got 40K from ATM in Phuwaing and one of the 1000 baht notes is counterfeit for sure.

OUCH! If BANKS can't spot 'em, what chance do WE have? In my experience, "holograms" are EASY to reproduce (seen plenty of 'em on inlay sheets of fake DVDs sold in Malaysia) and watermarks are no big deal. The "flecks" are a new one on me (I just checked all mine on a bug-zapper light - all OK). But I know the "strip" is hard to do - provided it runs THROUGH the note, you are generally fine. But who wants to stand in the street waving 1k baht notes around? And if you DO find a fake one - THEN what? If the ATM is attached to a bank you can go in and act tough, but what if they stand firm? And what if the ATM was in a store, garage or mall? Yeah, I'm gonna LOVE going into a cop-shop with a fake note. The only good thing about this story is the ODDS. 6 or 7 in a million was it?

[SamuiJens]

PANIC, not!!! Just be observant.

[groovyc]

Vato, on 2008-12-23 16:40:11, said:

this is how they track down counterfeiters who use inkjets and laser printers....registering your warranty card will lead them right to you.

so if your thinking of doing it...DONT

you mean don't register the warranty card right?
now I'm sure I could do without warranty for my printer if I were a successful counterfeiter..

[groovyc]

TAWP, on 2008-12-23 13:16:08, said:

The sad thing is that it's mostly the smaller, struggling, sellers that will be most affected. A teller in Robinson might both have tools to their disposal and will most likely not be personally responsible for the full amount lost as a small food vendor is. So these people, as the two arrested above, specifically prey on the smallest [weakest] around. That is despicable.

preying on the weakest..Truly is despicable! There should be some sort of protection for them.

[silverhawk_usa]

Vato, on 2008-12-23 14:40:11, said:

for all you wanna be counterfeiters out there listen carefully, very carefully... the american secret service has agreements with ALL printer manufcturers of inkjet and laser printers...to print a sequence of blue micro dots designated by algorithyms, on EVERYTHING YOU PRINT...you cannot see them, but they are there...ever printer has its own specific sequence.

this is how they track down counterfeiters who use inkjets and laser printers....registering your warranty card will lead them right to you.

so if your thinking of doing it...DONT

the american secret service was originally formed to combat counterfeting.

This apparently is true of LASER printers only. Link

Also in reference to an earlier post; In the U.S. when a counterfeit bill is found by a bank it is confiscated, the passer identified if possible, and the bill is turned over to the Secret Service. The passer is not compensated even if an innocent victim or merchant.

[Sturbuc]

Tywais, on 2008-12-22 17:22:16, said:

monkeytunes, on 2008-12-22 23:14:12, said:

Hows the best way to check if a 1K THB note is real, is there a certain water mark to look out for? so we can keep an eye out for them.

You can see photos and what to look for in this topic.

Sorry, but does anybody know if the bills might be checked with UV-light?

[Sturbuc]

silverhawk_usa, on 2008-12-23 11:18:58, said:

Vato, on 2008-12-23 14:40:11, said:

for all you wanna be counterfeiters out there listen carefully, very carefully... the american secret service has agreements with ALL printer manufcturers of inkjet and laser printers...to print a sequence of blue micro dots designated by algorithyms, on EVERYTHING YOU PRINT...you cannot see them, but they are there...ever printer has its own specific sequence.

this is how they track down counterfeiters who use inkjets and laser printers....registering your warranty card will lead them right to you.

so if your thinking of doing it...DONT

the american secret service was originally formed to combat counterfeting.

This apparently is true of LASER printers only. Link

Also in reference to an earlier post; In the U.S. when a counterfeit bill is found by a bank it is confiscated, the passer identified if possible, and the bill is turned over to the Secret Service. The passer is not compensated even if an innocent victim or merchant.

many copy-machines won't reproduce bills too. -> http://www.grimes.de...ty/currency.htm

[swifty5x5]

When you go to an ABM even if attached to a bank and take out a wad I just count because usually many customers around but the bill was easy to spot when you look. I think the bank got caught with it and better me than them pay the price.

[Gravelrash]

At one stage they had the plastic 50 baht note, presumably based on the Australian currency technology, somewhere along the line they went back to paper though. I believe they can't counterfeit those type of notes, maybe should have stuck with it.

[FatherF]

Gravelrash, on 2008-12-23 11:39:15, said:

At one stage they had the plastic 50 baht note, presumably based on the Australian currency technology, somewhere along the line they went back to paper though. I believe they can't counterfeit those type of notes, maybe should have stuck with it.

They used to have plastic 50p & £1.00 notes in the Isle of Man, then they discovered that they cost more than face value to produce!

FF

[bniff]

Scott, on 2008-12-23 08:41:22, said:

Actually, in some ways this is a good sign. A currency has to have some value to be worth counterfeiting.

Amen

[Vato]

silverhawk_usa, on 2008-12-23 18:18:58, said:

Vato, on 2008-12-23 14:40:11, said:

for all you wanna be counterfeiters out there listen carefully, very carefully... the american secret service has agreements with ALL printer manufcturers of inkjet and laser printers...to print a sequence of blue micro dots designated by algorithyms, on EVERYTHING YOU PRINT...you cannot see them, but they are there...ever printer has its own specific sequence.

this is how they track down counterfeiters who use inkjets and laser printers....registering your warranty card will lead them right to you.

so if your thinking of doing it...DONT

the american secret service was originally formed to combat counterfeting.

This apparently is true of LASER printers only. Link

Also in reference to an earlier post; In the U.S. when a counterfeit bill is found by a bank it is confiscated, the passer identified if possible, and the bill is turned over to the Secret Service. The passer is not compensated even if an innocent victim or merchant.

they affect inkjet printers too, i had the link with all the models affected in the past...keep searching and you will find the list...with both inkjet and laser.

[Vato]

groovyc, on 2008-12-23 16:54:30, said:

Vato, on 2008-12-23 16:40:11, said:

this is how they track down counterfeiters who use inkjets and laser printers....registering your warranty card will lead them right to you.

so if your thinking of doing it...DONT

you mean don't register the warranty card right?
now I'm sure I could do without warranty for my printer if I were a successful counterfeiter..

...watch out for video cameras too... and pay in cash, preferrably real cash.