Four elderly people were arrested in Hong Kong on Wednesday after they tried to encash at a bank fake “certificates” of an eye-popping US$500 billion in face value, Apple Daily reports.
Citing sources, the paper said the four — two men and two women — were held after they walked into a Standard Chartered Bank branch at about 5 pm and sought to encash fake instruments.
When they presented the documents to a bank clerk, the employee was astounded at the mind-boggling figure of the purported certificates and suspected that they were forgeries.
An inspection confirmed that the papers were fake, following which the police were alerted.
Police officers arrived at the bank, which was located at the One Pacific Centre building on Kwun Tong Road, and arrested the four, whose ages ranged from 64 to 79.
Investigations revealed that one of the two women in the group is a US passport holder.
The other three persons in the four-member group were said to have come to Hong Kong on two-way permits from mainland China.
They are now being questioned by the police as investigators try to figure out where the group obtained the fake documents.
The report was not clear as to what the purported certificates were — whether they were certificates of deposit or Treasury certificates or something else.
– Contact us at [email protected]