People warned about fake banknotes

By:
On:
In: South-East Asia

Police say counterfeit 1,000-baht bills found in Udon Thani

If people are unsure about the authenticity of a 1,000-baht note, they can carefully examine the security strip, say police. (Photo supplied by Wassayos Ngamkham)
If people are unsure about the authenticity of a 1,000-baht note, they can carefully examine the security strip, say police. (Photo supplied by Wassayos Ngamkham)

Police are warning the public against counterfeit 1,000-baht banknotes that have been found circulating in northeastern Thailand.

Pol Maj Gen Archayon Kraithong, a spokesman for the Royal Thai Police, said there had been several reports of people using counterfeit bills in Udon Thani province. Two cases were posted to social media, the first involving a barbecue restaurant and another at a grocery store.

People are advised to look for the golden security strip embedded in all 1,000-baht notes to ensure their legitimacy. The strips are seen as segmented when viewed normally. The words ‘1,000 BAHT’ can be seen when the strips are held up to the light, and the colour will change to green when rotated.

Counterfeiting money is a violation of Section 240 of the Criminal Code and comes with the penalty of 10 to 20 years in prison and/or a fine of 20,000 to 40,000 baht, Pol Maj Gen Archayon said.

Unknowing usage of a fake bill can result in up to 10 years’ imprisonment and/or a fine of up to 20,000 baht under Section 245 of the Criminal Code. Intentional usage can incur a maximum of 15 years in jail and/or a fine of up to 30,000 baht under Section 244.