Hamyang Police Receive Appreciation Plaque from Bank of Korea for Arresting Currency Counterfeiter

The Hamyang Police Station received an institutional plaque of appreciation and a reward of 1 million won from the Bank of Korea for apprehending counterfeiters involved in currency forgery worth 100 billion won (Photo by Hamyang Police Station).

[Asia Economy Yeongnam Reporting Headquarters Reporter Ju Cheol-in] The Hamyang Police Station in Gyeongnam received an institutional plaque of appreciation and a reward of 1 million won from the Bank of Korea for apprehending a counterfeit currency criminal involving 100 billion won.

According to the police on the 3rd, A (34) is suspected of attempting to use 72 counterfeit US $100 bills and 7 counterfeit cashier's checks (worth 100 billion won) produced with a color printer last November.

A was handed over to the police after a dispute with a taxi driver when trying to pay the taxi fare with counterfeit 50,000 won bills. At that time, the taxi driver reported to the police because the front side of the currency was blank. The police immediately launched an investigation, analyzed CCTV footage around the scene where A got off on the day of the incident, and arrested A hiding in his home on the 22nd of last month.

Detective Team Leader Kim Geon-ha said, "In the case of the cashier's checks, only the front side was color copied, and the back side was like wallpaper," adding, "The counterfeit currency criminal A's crime was so sloppy that it was recognizable at a glance." The police booked A without detention on charges of currency counterfeiting and sent him to the prosecution with a recommendation for indictment.

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