CIB detains three on counterfeiting chargesMORE FAKE MONEY: Officials said they seized fake US$100 bills that contained the same misspelling as US$11.04 million in bills seized in December last yearBy Jason Pan / Staff reporterAuthorities have detained three people for their alleged involvement in counterfeiting US currency, the Criminal Investigation Bureau (CIB) said yesterday. The CIB said an examination of the bills and records was completed at the end of last month. CIB experts said they believe the bills came from a Taiwanese counterfeiting ring in New Taipei City that authorities broke up in December last year. In that case, police arrested five people and seized a total of US$11.04 million in counterfeit US$100 bills. Kaohsiung prosecutors said they intend to indict the three people on fraud charges and offenses related to counterfeiting currency.

Source: Taipei Times July 03, 2020 15:56 UTC