A Chinese man brings over 18,000 yuan in fake notes into Vietnam. Photo: Trung Dung / Tuoi Tre
The 35-year-old man was caught on May 29 while exchanging Chinese yuan for Vietnamese dong near the Lao Cai international border gate.
He had arrived in Vietnam earlier that day.
According to authorities, he first exchanged 2,000 yuan (US$278) for VND7 million at a currency counter near Sapaly Lao Cai City Hotel in Lao Cai City.
He then proceeded to another counter, where he traded 3,000 yuan ($417) for VND10.8 million.
Staff quickly identified the banknotes as counterfeit and alerted border guards, who brought him in for questioning.
A Chinese man (L) is questioned after being arrested for exchanging fake yuan notes into Vietnamese bills in Lao Cai Province, northern Vietnam. Photo: Trung Dung / Tuoi Tre
The man admitted he had entered Vietnam with 18,700 yuan ($2,600), including 185 fake bills and only two genuine ones, with the intent of using the money during his tour.
The commander of the Lao Cai international border gate guard station has officially filed criminal charges against him for storing, transporting, and attempting to circulate counterfeit currency.
A Chinese man is detained for bringing fake money into Vietnam. Photo: Trung Dung / Tuoi Tre
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