China Financial Daily

September 9, 2009

China’s Report: Counterfeit RMB and Counterfeit coins

Filed under: Financial News — Tags: — sherry @ 10:01 am -0700

China’s Report: Counterfeit RMB and Counterfeit coins
684 million counterfeit RMB was seized this year , and the small-denomination, such as counterfeit coins have an increase this year.

Today (September 9, 2009), the Ministry of Public Security informed the news media at home and abroad about combating relevant circumstances of counterfeit crime “09 Action” , up to now, they have cracked 1807 cases and smashed up 24 forgery and processing spots.

According to the latest statistics, the Ministry of Public Security decided to start a nationwide 10-month special campaign against counterfeit crime from January 20 this year,so far, a total of 1807 criminal cases involving counterfeit money have been cracked, which was 1.5 times of last year; they seized 684 million counterfeit renminbi, which was 1.7 times of last ; destructions of forgery and processing spots are 24, which was 3 times of last year.

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