Man arrested for possessing HK$41,000 in counterfeit HK$500 notes

Police have arrested a 29-year-old man after they caught him with 82 counterfeit HK$500 banknotes with a face value of HK$41,000 in Jordan on Friday. 

The man named Ho was arrested for possession of counterfeit notes and was remanded in custody. 

Police reminded citizens that the texture of counterfeit notes is smoother than that of authentic banknotes. Citizens should also pay attention to design and security features, including the dynamic shimmering pattern, the windowed metallic thread, and the embossed feel. 

Police added fraudsters would usually use the counterfeit banknotes at places with busy trading, like convenience stores or on transportation. 

Citizens or shops should carefully check the security features when receiving their change. 

If citizens receive a suspected counterfeit banknote, they should seek help from the police and the note-issuing banks. 

According to the law, anyone convicted of producing, possessing, or using counterfeit banknotes could be sentenced to a maximum penalty of 14 years imprisonment.