Indonesian man attempted to deposit counterfeit $10,000 note at DBS branch in Hong Lim Complex
A 36-year-old Indonesian man has been charged for delivering a counterfeit $10,000 note.
The police said in a statement that Chandra Ahmadyani allegedly presented the note to a counter staff at DBS South Bridge Branch at Hong Lim Complex on Dec 23, 2024 at about 12pm.
He requested the note be deposited into his bank account but the counter staff suspected the note was counterfeit and promptly informed the manager.
The police were alerted and subsequently arrested the man. The note was seized for investigations.
According to The Straits Times, Chandra had reason to believe the note was fake.
He was offered bail of $20,000 and said in court that he intends to plead guilty. His case will be mentioned on March 6.
The police remind members of the public to be cautious of individuals offering money in exchange for assistance to convert fake $10,000 or other large denomination currency notes with genuine currency of smaller denominations, or for depositing such notes at banks or other financial institutions.
Those who suspect they have received any counterfeit notes should call the police immediately and to take note of the description of the person who gave the notes as well as of any vehicle used, including its registration number.
They should also limit handling of the notes and place them in protective covering, such as an envelope or folded paper, to prevent further tampering, and hand them over to the police.
Information on the security features of genuine Singapore currency is available on the Monetary Authority of Singapore website.
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