BNM response on fake Rm100 banknotes

Recently, a pictures of counterfeit RM100 has been spreading in social network (Facebook & Whatsapp), warning people that the counterfeit RM100 with serial number ending with 996 has been circulating around. Today, Bank Negara Malaysia (BNM) via their official Facebook has released a statement about the counterfeit RM100.

Here are the official statement by Bank Negara Malaysia:

Bank Negara Malaysia (the Bank) is aware of several messages on RM100 counterfeit banknotes being circulated in the social media. The Bank is working closely with the Royal Malaysian Police to investigate the matter. These are isolated cases as the number of counterfeit banknotes in Malaysia remains low.

Generally the counterfeit banknotes were found to be produced in low quality, printed using ordinary colour printers and are easily distinguished from genuine banknotes by using the sense of touch and sight. As such, the public should be able to easily identify any counterfeit banknotes.

Malaysian banknotes incorporate the latest security features that are difficult to counterfeit. Members of the public are advised to be vigilant when handling banknotes by applying the “Feel, Look, Tilt & Check” guide as follows:

Feel the paper quality and raised print on genuine banknotes

~Paper banknotes are textured and polymer banknotes are made of special plastic.

~Both paper and polymer banknotes have raised print effect on the portrait of the first SPB Yang di-Pertuan Agong and texts.

Look at the banknote under white light background and observe the following features:

~3-dimensional portrait watermark, perfect see through register and clear window will be visible.

~Continuous line of security thread will be visible.

Tilt the banknotes to inspect the colour change on the hologram stripe and security thread
~Security thread that change colour.
~Thread with ‘Hibiscus Flower’ icon on RM100 banknote that move when tilted.

Check the banknotes using simple equipment to inspect the following:
~the micro text lettering through magnifying glass; and
~the 2-colour fluorescent element, text and logo and security fiber colour (red, yellow and blue) under Ultra Violet (UV) light.

Members of the public are required to lodge a police report immediately if they have received any banknotes suspected to be counterfeit.

To know more about the features of Malaysian banknotes, the public are encouraged to download the Bank’s My Ringgit Mobile App from Apple Store and/or Google Play Store. The App provides an interactive guide to the security features of the Malaysian currency. It also includes general advice, quality standards for the Malaysian currency and other related information.

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BNM investigating counterfeit RM100 notes

Bank Negara Malaysia is working closely with police in investigating counterfeit RM100 notes.

This is following messages circulated in social media warning people to be aware of fake RM100 notes that have serial numbers ending with 996.

The central bank said it was aware of the messages.

“These are isolated cases as the number of counterfeit banknotes in Malaysia remains low.

“Our investigation showed that, generally, the counterfeit banknotes were found to be produced in low quality, printed using ordinary colour printers and are easily distinguished from genuine banknotes by using the sense of touch and sight.

“As such, the public should be able to easily identify any counterfeit banknotes,” Bank Negara said in a statement yesterday.

It said Malaysian notes have the latest security features, making them difficult to forge.

However, it advised the public to remain vigilant when handling currency notes using the “Feel, Look, Tilt and Check” guide; How to check fake new 100 Ringgit.

This includes feeling the paper quality and raised print on genuine notes.

“Paper banknotes are textured and polymer banknotes are made of special plastic. Both paper and polymer banknotes have raised print effects on the portrait of the first Yang di-Pertuan Agong and texts,” said the bank.

It also said consumers could look at the note under a white-light background and observe that the 3D portrait watermark, perfect see-through register and clear window, and the continuous line of security thread are visible.

The public can also tilt the note to inspect the colour change on the hologram strip and security thread.

One can also check the notes using simple equipment like a magnifying glass to inspect the micro text lettering; and the dual-colour fluorescent element, text and logo, and security fibre colour (red, yellow and blue) under ultraviolet light.

“Members of the public are required to lodge a police report immediately if they have received any banknotes suspected to be counterfeit,” said the bank.

The public can also download the bank’s My Ringgit Mobile App from Apple Store and Google Play Store to know more about Malaysian currency notes.

Source: The Star

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Fake coin with fake NGC holder

Recently, a news about fake coin with fake NGC holder has been spread. The 2005-dated quarter-ounce South African Krugerrand labeled NGC Proof 70 counterfeit coin housed in a counterfeit Numismatic Guaranty Corporation (NGC) holder that has the same certification number on the label as a genuine 2005 PF 70 one-quarter ounce Krugerrand listed in the NGC.

Prominent rare coin dealer and collector Dwight Manley, owner of Fullerton Coins & Stamps in Fullerton, California and Managing Partner of the California Gold Marketing Group, who assisted a quarter-century ago in breaking up a counterfeit coin and counterfeit holder scheme, has issued the following statement.

“A frighteningly deceptive counterfeit has been encountered, and the world needs to be told about it. We recently realized that a 2005-dated quarter-ounce South African Krugerrand labeled NGC Proof 70 is not only a counterfeit coin, it is housed in a counterfeit Numismatic Guaranty Corporation holder that has the same certification number on the label as a genuine 2005 PF 70 one-quarter ounce Krugerrand listed in the NGC data base.”

“The fake was purchased on October 23, 2015 by a knowledgeable employee of Fullerton Coins & Stamps over the counter from a semi-regular customer. Before making the purchase, the employee checked the NGC website to see if the certification number and coin description matched. They did: cert number 3676849-006.”

“I recently examined the coin, and it just didn’t look quite right. I did a side-by-side, inch-by-inch comparison between the encapsulated coin the store purchased and the obverse and reverse photos on the NGC website. The reproduction of the NGC hologram on the fake (right photo) is almost dead on the same; however, there is one distinct difference between fake and genuine on the left side of the front insert label. On the fake coin, the circle in the NGC logo (an encircled balance scale) goes almost entirely around the P in the grade PF 70. On the genuine coin’s label (left photo), the P is outside the logo circle.”

“An amazing amount of effort obviously went into creating a fake coin and a fake holder with a cert number and description that match a genuine coin. I’ve notified NGC, but in the meantime, I caution collectors and dealers to watch out for any similar, deceitful and dangerous counterfeits.”

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Counterfeit banknote factories raided in China

A total face value of more than 210 million yuan (US$33.07 million) counterfeit banknotes confiscated by Police officers in Huizhou in South China's Guangdong province. Two counterfeit banknote factories in Huizhou and in other five Guangdong cities and Sichuan province has been raided on early morning of Sept 17.

Huang Shouying, director of economic crime investigation bureau under Guangdong provincial department of public security, recalled busting the biggest fake banknote production case in the Chinese mainland since 1949 on Thursday.

During the raid, workers were busy testing and mixing printing inks while two production lines were running at full speed.

They were equipped with walkie-talkie but were caught unaware when police suddenly broke in.

This is what police officers saw when they raided a major secret counterfeiting banknote site hidden in a metal and plastic factory in Boluo county of Huizhou in eastern part of Guangdong province.

The small workshop, which was installed with sound insulating equipment, stretched over 60 square meters. A small door about 130 centimeters high and less than 1 meter wide was found behind filing cabinets in an office of the factory.

A total of 29 suspects, including the gang leaders, have been detained and four printing machines, many films and related equipment and semi-finished products have been seized after the raids on the two counterfeiting bases in Huizhou.

Huang said the crackdown has dealt a heavy blow to the banknote counterfeiting operation in Guangdong province which borders Hong Kong and Macao special administrative regions.

Gao Weidong, deputy director of Huizhou city bureau of public security bureau, said more than 400 police officers took part in the special operation in Huizhou on Sept 17 and one officer was injured during the raid.

Source: China Daily

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1,326 of "supernotes" seized by Police

A total of 1,326 fake bank notes were seized, including currencies of Malaysia, Indonesia, Singapore, Korea, Brazil, Turkey, Papua New Guinea and China. Five men who are in the middle of discussing the price of the counterfeit money was arrested by the police in Lorong Haji Hussein, Chow Kit at about 7pm last Saturday.

Dang Wangi police chief Asst Comm Zainol Samah said the suspects, aged between 37 and 55, had parked their vehicles by the roadside before displaying samples of the counterfeit cash.

"Two of the suspects are real estate agents while the other two acted as middle men," he told a press conference on Tuesday.

"The mastermind, an Indonesian national aged 47, and his middle men had just arrived there with a bag containing the 'cash'. They appeared suspicious when a team of policemen patrolled the area. That prompted us to check on them."

"1,326 pieces of "supernotes" were brought in by the mastermind. The notes look really identical to the real ones. That's why we call them 'supernotes'," he added.

"Even the smell is similar to genuine money. The value of the items is still being evaluated."

"The suspect has entered the country 17 times for various reasons and the last time was on June 17 before he was arrested," he said, adding that the suspect had legally entered by social pass.

Zainol said both buyers were brothers, aged 38 and 45 years and were real estate agents.

He said police believed that the suspect was here to find buyers and display some samples, before returning with a larger quantity of the fake money. The suspects are being remanded to facilitate investigations.

Source: Bernama

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RM1 CR Ali Abul Uncut 3 in 1 in eBay

Have you seen a RM1 Ali Abul Hassan CR prefix Uncut 3 in 1 with a side sign not a regular signature on the banknote center? The banknote look very special, right? If this kind of notes goes to a wrong hand, I am sure it will bring a very lucrative income to them.

A few weeks ago, few of my Facebook friends are sharing a link to this item, RM1 CR Ali Abul Uncut 3 in 1 selling in eBay. The seller is from Israel and he is selling many replica banknotes including Malaysia banknotes. If you're looking at all his item posts, he already wrote:

“Very good condition! NOT REAL BANKNOTE!!!!!! REPLICA!!!!!! (see eBay policy for replica)”

He also wrote "REPLICA!!!!!!!! REPRODUCTION!!!!!" in the item description.

What is eBay policy for Replica Currency?

Listings for replica paper money (color, and black and white) must follow these guidelines:

• Items are one-sided

• Items are less than 75% or greater than 150% of the size of the genuine item.

• Listings include an image of the actual paper currency being sold. Listings with stock photos or images that are dark, out of focus, edited, or misleading aren't allowed.

• Listings must clearly state that the item is a "reproduction," "replica," or "copy" in both the title and description.

• Copies of currently commercially exchangeable notes are not allowed.

• Altered notes intended to deceive a collector (whether the present seller made the alteration or not) are not allowed.

Source: Stamps, currency, and coins policy

I am not sure if the currency that he offer is a one-sided but from one of the rating, I do think it is double sided replica paper money.

Vende fotocopias impresas por una impresora de casa...no lo aconsejo!
translation: He sold copies printed by a printer at home ... I do not advise!

At first, I thought the seller is selling a counterfeit work by the Chinese national, Peng Daxiang from Shantou, Guangdong. He only need his hand to make a banknote plates.

After reading the negative comments by one of his buyer, I understand that the replica banknotes sold by him is just a Do It Yourself printer version which can be done by anyone at home.

In a laymen terms, it is a cheap fake banknotes.

By the way, almost all the fake Malaysia banknote that he promote are non legal tender anymore. Except for the RM1 Ali Abul Hassan CR prefix, still legal tender for RM1.

Will any Bank Negara Malaysia officers do anything with this kind of act by a person in a country that we don't have any international relationship?

Please don't ask me, I am just a normal blogger.

Maybe, I need your help to make this thing go viral, so they can read this. If they will take action.

As what happened with Malaysia Gold Foil Banknote before. Which is no one has been taken to court (maybe I don't read the news about it) and many people still selling their fake copy in Facebook.

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