Date
20 October 2017

Concerns grow over fake HK$1,000 bills, paper says

Concerns about the circulation of counterfeit HK$1,000 banknotes have heightened following reports that Macau police have seized fake notes bearing the HSBC name in casinos, the South China Morning Post reported on Friday. All previous fakes discovered were copies of notes issued by the Bank of China (BOC), prompting fears the scale of the problem might be bigger than initially thought, the paper said. Reports from Macau said police seized 28 fake HK$1,000 notes in casinos – 13 of them HSBC copies and the rest BOC ones. The issue date on the HSBC fakes was 2008. Earlier this week Macau police said they had seized 63 counterfeit BOC notes. Police did not rule out the possibility that the two batches of fakes were made by the same syndicate, the report said. 

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CG/RC

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