In a surprising twist at a bank in Singapore, a man is facing serious charges after attempting to deposit a fake S$10,000 note. The incident unfolded on 23 December 2024, as 36-year-old Chandra Ahmadyani allegedly approached the DBS South Bridge branch at Hong Lim Complex.
The Incident
Around noon, Chandra presented the counterfeit note to a counter staff member, who quickly raised concerns about its authenticity. The employee’s instinct to alert the bank manager proved crucial, as it set in motion a series of events resulting in the man’s arrest.
Legal Consequences
Charged on 23 January 2024, Chandra may face severe penalties if convicted. The Monetary Authority of Singapore (MAS) and local authorities are stringent about counterfeit currency, with laws allowing for up to 20 years in prison and hefty fines for such actions.
Public Awareness Campaign
In light of this event, the police emphasised the importance of vigilance regarding counterfeit currency:
- Be cautious of individuals offering to exchange counterfeit large denomination notes.
- Report any suspicious notes to the police immediately.
- Keep a detailed description of anyone presenting suspicious currency.
The MAS also provides resources online about the security features to look for on genuine Singapore currency—making it easier for the public to stay informed.
A Note on Law Enforcement
The Singapore Police Force does not take such incidents lightly. They reiterated their commitment to tackling currency fraud aggressively, ensuring that both retailers and the general populace are protected.
This incident serves as a stark reminder: serious crimes come with serious repercussions! Always be on your guard!