Fake Indian rupees syndicate busted

Yesterday, a fake Indian rupees syndicate were busted by Perak police. Chief Deputy Comm Datuk Mohd Shukri Dahlan said two Pakistanis and a Lebanese were caught after trying to exchange 402,000 fake 1000 rupees notes (RM22,480) at money changer. We rarely read news about counterfeit rupees in Malaysia but I do think this thing will be happening again. Nowadays, we can see too many foreigner in this country. When I watch news in TV last night, the notes look genuine and still new. Yesterday, they're also news report about 23% rise in fake notes in India's private banks.

Here are the actual news:

DCP Mohd Shukri said police busted a syndicate dealing in fake Indian rupees with the arrest of two Pakistanis and a Lebanese here last Thursday. He said the trio, aged between 22 and 42, had tried to cheat a moneychanger by trying to exchange 402,000 rupees (RM22,480).

“Fortunately, the moneychanger was able to determine the forged notes and promptly alerted the police,” he said.

DCP Mohd Shukri said the forged notes looked authentic, complete with the watermark effect of Mahatma Gandhi’s face on the notes when shown against a bright light. He said police seized three mobile phones, two Pakistan passports and one black bag during the arrest.

“This case will be investigated under Section 402 of the Penal Code for possessing fake notes.”

Source: The Star

How to check for counterfeit 1000 Rupees notes?
On June 2012, the Reserve Bank of India launched a website explaining ways to detect counterfeit rupees notes. Here are some of their explanation on how to detect counterfeit rupees:

• The letters 'RBI' & '1000' can be viewed with the help of a magnifying glass in the zone between Mahatma Gandhi portrait and the vertical band.
• The vertical band on the extreme right of the bank note contains a latent (hidden) image of the numeral '1000', which can be seen when the note is held at eye level.
• The colour of the numeral '1000' appears green when the banknote is held flat, but would change to blue when tilted to an angle.
• The banknote series, Number panel, Security thread and few particles (scattered in a note) will glow when exposed to ultraviolet light.

You can read more at their website: www.paisaboltahai.rbi.org.in