Man and two women arrested for using fake S $ 10,000 bill


SINGAPORE: A man and two women have been arrested for their alleged involvement in the use of a fake S $ 10,000 serial note, police said on Saturday (September 25th).

Police received a report at around 2 p.m. on Wednesday regarding a man who presented the counterfeit S $ 10,000 bill to a bank in block 449 Clementi Avenue 3.

The man allegedly asked to exchange the note for smaller denominations, police said in the statement.

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Bank employees, however, identified the note as counterfeit and alerted the police.

Agents from the Department of Commercial Affairs arrested the 58-year-old man and later established the identities of two other women, aged 37 and 33, who were also suspected of being involved in the case.

A fake S $ 10,000 bill, a red packet and a forged document purportedly issued by the Monetary Authority of Singapore were seized as exhibits.

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Police investigations are underway.