6 arrested for fake money production in NW China

Six suspects have been detained for producing counterfeit money, in northwest China's Ningxia Hui Autonomous Region, local police said Wednesday.

Police in Yinchuan, capital of Ningxia, received a report in August that a group were producing counterfeit banknotes and selling them online. The fake money was sold to more than 20 provinces and municipalities across the country.

After a three-month investigation, police captured the six suspects in Sichuan, Hunan and Henan provinces, confiscating counterfeit money with a face value of 200,000 yuan (30,287 U.S. dollars). Printers, computers and moulds were also seized.

Further investigation showed the suspects had made counterfeit money worth over 3 million yuan, sending it out in more than 500 parcels.

Police are retrieving the circulated fake money, and an investigation is ongoing.

(ASIA PACIFIC DAILY)