News Forum - Thai man exchanges fake US dollar bills for baht at two banks in Thailand

[Thaiger]

Yesterday, police arrested a Thai man in Pattaya who successfully exchanged fake US dollar bills for Thai baht at two banks in Thailand. The suspect said he was paid 2.5% of the cut to commit the crime. Police seized 759 counterfeit US dollar bills upon arresting 54 year old Nawat Singhawak in Chon Buri province’s Bang Lamung district yesterday. First, Nawat strolled into a Kasikorn Bank (K-bank) branch in Mae Sot in Tak province, northern Thailand, with 99 fake US dollar bills. K-bank employees didn’t realise the banknotes were fakes and exchanged them for 373,083 baht. Nawat deposited the money […]

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[Ramanathan.P]

Dear Mr.Gary J. Peterson, I fully agree with you that having counterfeit currency could affect the economic system. But you also have to agree with me that Printing uncontrolled amount of US currency has collapsed the economy of many countries around the globe

[Soidog]

A “Thai man”. In Thailand. That’s an amazing story. Wasn’t just a man, but a real Thai man. Well worth pointing that out or I would have assumed he was one of those pesky Farang  from the far away Farangland of dragons and scary things. 
 

Merry Christmas! 

[Leo]

The bank officers didn't think it was forthcoming to ask why he had 99 $100 crisp bills.

Edited December 25, 2022 by Leo