Four arrested in Hong Kong as police raid flat and seize more than 1,100 fake banknotes after spate of cases involving shops receiving counterfeit bills


Four people including the supposed ringleader have been arrested in a police crackdown on a fake banknote syndicate in Hong Kong, with officers seizing more than HK$220,000 (US$28,200) in bogus bills.

Commercial Crime Bureau officers swooped on an Aberdeen flat on Sunday morning after 34 incidents of shops in Sham Shui Po and other West Kowloon areas receiving counterfeit HK$500 and HK$100 bills from the HSBC 2010 series of banknotes since the middle of last month.

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