Fake Money Man Scams Market Sellers with 10,000 Riel Notes

Cambodia news in English! Here you'll find all the breaking news from Cambodia translated into English for our international readership and expat community to read and comment on. The majority of our news stories are gathered from the local Khmer newspapers, but we also bring you newsworthy media from Cambodia before you read them anywhere else. Because of the huge population of the capital city, most articles are from Phnom Penh, but Siem Reap, Sihanoukville, and Kampot often make the headlines as well. We report on all arrests and deaths of foreigners in Cambodia, and the details often come from the Cambodian police or local Khmer journalists. As an ASEAN news outlet, we also publish regional news and events from our neighboring countries. We also share local Khmer news stories that you won't find in English anywhere else. If you're looking for a certain article, you may use our site's search feature to find it quickly.
Post Reply Previous topicNext topic
User avatar
CEOCambodiaNews
Expatriate
Posts: 62459
Joined: Sun Oct 12, 2014 5:13 am
Reputation: 4034
Location: CEO Newsroom in Phnom Penh, Cambodia
Contact:
Contact CEOCambodiaNews
Cambodia

Fake Money Man Scams Market Sellers with 10,000 Riel Notes

Post by CEOCambodiaNews »

Image
Cambodia News (Steung Treng): On November 24, 2020, at 9:10 am, the police arrested a man for trafficking fake money in Sreh Krosang village, Siem Bok district, Steung Treng. Three sellers filed a complaint with police after they got scammed by the suspect; they were identified as Ny Navy, a 50-year-old woman, Phlong Bunsor, a 37-year-old woman, and Hem Seanghoun, a 45-year-old woman.
Image
The victims chased after the suspect named Ly Kriya, a 44-year-old man, after he used fake money to buy their products at the market. Then the three women went to file a complaint at the police station.
According to the order of the prosecutor, Mr. Jet Kemara, the police searched the suspect and checked his pockets and under the motorbike seat. They found 18 fake notes of 10,000 riels, 11 notes of fake $US10, and 7,485,000 riels of real money.
Image
The suspect was detained at the police station with the evidence, and his motorbike was confiscated.
Join the Cambodia Expats Online Telegram Channel: https://t.me/CambodiaExpatsOnline

Cambodia Expats Online: Bringing you breaking news from Cambodia before you read it anywhere else!

Have a story or an anonymous news tip for CEO? Need advertising? CONTACT US

Cambodia Expats Online is the most popular community in the country. JOIN TODAY

Follow CEO on social media:
Facebook
Twitter
YouTube
Instagram
Top
User avatar
John Bingham
Expatriate
Posts: 13781
Joined: Sun Dec 07, 2014 11:26 pm
Reputation: 8978
Cambodia

Re: Fake Money Man Scams Market Sellers with 10,000 Riel Notes

Post by John Bingham »

Quite clever really, most sellers don't pay a lot of attention to those notes.
Silence, exile, and cunning.
Top
cambo swa
Expatriate
Posts: 479
Joined: Tue Jan 31, 2017 12:54 pm
Reputation: 189
Cambodia

Re: Fake Money Man Scams Market Sellers with 10,000 Riel Notes

Post by cambo swa »

John Bingham wrote: ↑Thu Nov 26, 2020 11:36 pm Quite clever really, most sellers don't pay a lot of attention to those notes.
But making 10,000 riel is like making $1 USD notes. Maybe the time, paper, ink, and machinery cost more to produce the fake note than the real note is worth? Perhaps making 10,000 riel is profitable and unlikely to draw the attention of a $20 USD fake.
Top
User avatar
Marty
BANNED
Posts: 1314
Joined: Sun Nov 03, 2019 7:20 am
Reputation: 344
Canada

Re: Fake Money Man Scams Market Sellers with 10,000 Riel Notes

Post by Marty »

cambo swa wrote: ↑Fri Nov 27, 2020 12:37 am
John Bingham wrote: ↑Thu Nov 26, 2020 11:36 pm Quite clever really, most sellers don't pay a lot of attention to those notes.
But making 10,000 riel is like making $1 USD notes. Maybe the time, paper, ink, and machinery cost more to produce the fake note than the real note is worth? Perhaps making 10,000 riel is profitable and unlikely to draw the attention of a $20 USD fake.
Confiscate everything including the 7 million plus in real riel notes.
Top
Tootsfriend
Expatriate
Posts: 1211
Joined: Sun Nov 01, 2020 9:36 am
Reputation: 527
Australia

Re: Fake Money Man Scams Market Sellers with 10,000 Riel Notes

Post by Tootsfriend »

Marty wrote: ↑Fri Nov 27, 2020 12:45 am
cambo swa wrote: ↑Fri Nov 27, 2020 12:37 am
John Bingham wrote: ↑Thu Nov 26, 2020 11:36 pm Quite clever really, most sellers don't pay a lot of attention to those notes.
But making 10,000 riel is like making $1 USD notes. Maybe the time, paper, ink, and machinery cost more to produce the fake note than the real note is worth? Perhaps making 10,000 riel is profitable and unlikely to draw the attention of a $20 USD fake.
Confiscate everything including the 7 million plus in real riel notes.
Looks like they did not confiscate the printing machine.

Image
Top
User avatar
SternAAlbifrons
Expatriate
Posts: 5752
Joined: Sat Mar 23, 2019 11:31 am
Reputation: 3424
Location: Gilligan's Island
Pitcairn Island

Re: Fake Money Man Scams Market Sellers with 10,000 Riel Notes

Post by SternAAlbifrons »

The Cambodian Police are famously Green
If it is good enough they will recycle it for sure.


If not, they will probably go to the central bank and get an official free refund.
Spoiler:
wink wink, 50/50 with the bank boys. Dodgy as Hell but now all kosher and clean)

just sayin'..
(but exactly this kinda shit does happen)
Top
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Return to “Newsworthy”



Who is online

Users browsing this forum: armchairlawyer, drozd, Google [Bot], johnny lightning, Lost50, Patcan, Soriya and 1011 guests