Student Caught Bag Snatching from Chinese Restaurant Manager

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Student Caught Bag Snatching from Chinese Restaurant Manager

Post by CEOCambodiaNews »

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Cambodia News (Phnom Penh): On August 6, 2020, at 6:30 pm, an 18 year old boy, Tong Sereypon, a student, was arrested behind Preah Sisovath Highschool, street 51, Sangkat Psar Thmei3, Khan Don Penh, Phnom Penh, for snatching a bag from a Chinese man.

The student snatched the bag from the victim, identified as REN HONGYU, a manager at 579 restaurant, in front of the restaurant on street 334, Khan Beung Keng Kong, Phnom Penh.The bag contained 2 phones, and 2,000 USD.
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techietraveller84
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Re: Student Caught Bag Snatching from Chinese Restaurant Manager

Post by techietraveller84 »

I've noticed that Chinese from mainland China tend to carry cash, and this makes them targets for bag snatching anywhere they live/travel.
Is carrying large amounts of cash common among Cambodians as well, and is it simply a part of doing business in the country?
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newkidontheblock
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Re: Student Caught Bag Snatching from Chinese Restaurant Manager

Post by newkidontheblock »

Cambodia is primarily a cash based economy, so yeah. Some places in the city accept credit cards, but even these are debit cards. Out of the cities, cash only. Large amounts will be carried by the locals back to their families in the provinces for the major holidays. Locals want to be paid in cash, or WING (deposit cash at one place, they pick up cash at another).
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Re: Student Caught Bag Snatching from Chinese Restaurant Manager

Post by Bluenose »

When sat in banks or the money shops by Olympic market I've regularly seem Khmer coming in or going out with tens of thousands of dollars in cash (an inch is roughly $25K).
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Re: Student Caught Bag Snatching from Chinese Restaurant Manager

Post by AndyKK »

Bluenose wrote: Tue Aug 11, 2020 8:05 am When sat in banks or the money shops by Olympic market I've regularly seem Khmer coming in or going out with tens of thousands of dollars in cash (an inch is roughly $25K).
An inch of Reil is roughly $300, and this is what you see me coming and going with. I am not in the same club has my rich Khmer brothers.
Always "hope" but never "expect".
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Re: Student Caught Bag Snatching from Chinese Restaurant Manager

Post by ssian »

AndyKK wrote: Tue Aug 11, 2020 9:35 am
Bluenose wrote: Tue Aug 11, 2020 8:05 am When sat in banks or the money shops by Olympic market I've regularly seem Khmer coming in or going out with tens of thousands of dollars in cash (an inch is roughly $25K).
An inch of Reil is roughly $300, and this is what you see me coming and going with. I am not in the same club has my rich Khmer brothers.
I believe he's referring to USD and not Reil...
I have seen many as well in packbags carrying lots of USD in banks...
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Re: Student Caught Bag Snatching from Chinese Restaurant Manager

Post by AndyKK »

ssian wrote: Tue Aug 11, 2020 9:57 am
AndyKK wrote: Tue Aug 11, 2020 9:35 am
Bluenose wrote: Tue Aug 11, 2020 8:05 am When sat in banks or the money shops by Olympic market I've regularly seem Khmer coming in or going out with tens of thousands of dollars in cash (an inch is roughly $25K).
An inch of Reil is roughly $300, and this is what you see me coming and going with. I am not in the same club has my rich Khmer brothers.
I believe he's referring to USD and not Reil...
I have seen many as well in packbags carrying lots of USD in banks...
Yes I know. I was referring to me with the Reil.
Always "hope" but never "expect".
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