Bangkok Taxi drivers, city residents alerted of fake banknotes

#1 camerata

Posted 09 February 2010 - 11:00 AM

Taxi drivers, city residents alerted of fake banknotes

The FM91 traffic station Monday warned the public about strangers passing fake banknotes. Radio station executive Jaiton Sriwangpol said the 1644 hotline had received 57 complaints from August 1-January 31.

Of the total victims, 50 were taxi drivers, three were taxi passengers and four gas station employees. The bogus bills came in denominations of Bt20, Bt50, Bt100 and Bt1,000.

http://www.nationmul...-of-fake-bankno

#2 yohan

Posted 09 February 2010 - 12:15 PM

camerata, on 09 February 2010 - 12:00 PM, said:

The bogus bills came in denominations of Bt20, Bt50, Bt100 and Bt1,000.

I wonder how much it costs to produce bogus baht 20,- bills...even baht 1000,-, which is only USD 30,- or so cannot be the big business.

#3 Cornfed

Posted 09 February 2010 - 02:17 PM

Presumably the idea is for the people running the scam to hire a lot of little punks cheaply and have them take short taxi rides and buy cheap items and pay with high denomonation bills - but not too high so as not to arouse suspicion. Their change is then of course legit. I imagine your earnings would rapidly add up that way.

I wonder how much it costs to produce bogus baht 20,- bills...even baht 1000,-, which is only USD 30,- or so cannot be the big business.

Probably a VERY bad copy. Would probably stand out like dog's ba!!$ in daylight.

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Bangkok Taxi drivers, city residents alerted of fake banknotes