Police seize 36,000 faux US$100 bills and printing machines in a series of raids

In a transnational investigation into a large counterfeit bill operation, Thailand’s Police Cyber Task Force teamed up with the US Secret Service in Bangkok, seizing offset printing machines and tens of 1000’s of counterfeit $100 bills in early November.
The investigation was launched after authorities seen an uptick in banknote forgeries in Thailand. A source additionally tipped off authorities, saying most of the counterfeit bills had been being produced in Southeast Asia.
In Prize of raids over a quantity of days, police arrested of eight folks and the seized of numerous printing presses, in accordance with the pinnacle of the US Secret Service in Bangkok.
In one raid, officers confiscated 36,000 counterfeit US$100 notes valued at round 100 million baht. On November 11, police apprehended a banknote printing supervisor, who was identified as “Thongmak,” and seized four offset printing machines in Phetchaburi’s Muang district.
Police raided one other location in Bangkok and arrested a man identified “Boonchuai,” who is alleged to me a significant funder for the operation from Laos. Reports say he was the press procurer for the manufacturing unit in Nakhon Pathom, just outside the capital.
The subsequent day, on November 12, officers arrested a man recognized as “Kitchaphat”and seized 10,000 counterfeit US$100 bills.
Police additionally seized 10,000 faux banknotes that were 95% to 97% equivalent to the true bill, resulting in warrants for worldwide banknote forgery. The maximum punishment if found guilty is life in jail.
According to Pol Maj Gen Naphanwut, the US Secret Service dispatched personnel to assist with the investigation, which discovered a hyperlink between printing places in Nakhon Pathom and Pathum Thani that will have been managed by the same gang.
“The seizure is gigantic. Even experts had been shocked by the resemblance”, he acknowledged..

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