Thailand flooded with counterfeit large-denomination banknotes: tourists warned of life imprisonment for using them

Thailand flooded with counterfeit large denomination banknotes: tourists warned of life imprisonment for using them

Tourists face up to 15 years in prison and a fine of 300,000 Thai baht for “knowingly using” counterfeit banknotes in Thailand. The problems were raised at the highest level: Thai Prime Minister Prayut Chan-o-cha himself warned of counterfeit 1,000 baht banknotes flooding the market. Also, recommendations were voiced at the government level on how to identify counterfeit banknotes.

According to the press secretary of the Prime Minister, Thanakorn Wangbunkongchana, there are three ways to spot counterfeit banknotes, or rather, to distinguish genuine ones:

  1. Pay attention to the texture Banknote paper is normally made of cotton polymer fiber, it is different from other types of paper, and in general the banknotes “look more durable”.
  2. It is necessary to find a hidden watermark – which is a portrait of a Thai king. The watermark will be visible when held up to a bright light.
  3. Try tilting or flipping the banknote up and down. If the color and pattern change in the light, the banknote is genuine

The Prime Minister of Thailand warned in a separate paragraph of heavy fines for both creators and users of counterfeit banknotes. “Producers of counterfeit banknotes can be sentenced to life imprisonment and fines up to 400,000 baht. But anyone who knowingly uses or distributes counterfeit banknotes faces up to 15 years in prison and a fine of up to 300,000 baht,” he said.

For those who value a healthy lifestyle, we recommend reading: “ The Russians have been warned what regular hot baths can lead to.”

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