Denpasar Police have reportedly dismantled a fake currency syndicate.
Four arrests have been made, with the perps identified in reports as Edi Efendi Tjihin alias Philips, Jarot Alias Akim alias Aming, 46, Lim Fo Khuan alias Aliong, 42, and Ng Neng Tju, 62.
All four have been thrown into South Denpasar Police custody since their arrests.
Denpasar Police Chief Hadi Purnomo said that the syndicate was discovered when a hotel in Sanur reported finding counterfeit money in circulation. Philips had allegedly been trying to commit fraud with the fake money, using it for land purchase and gambling.
“We got the information and directly arrested Philips. Then we developed the case and caught the rest of the suspects across different locations in Bali,” Purnomo told local newspaper Tribun Bali on Tuesday.
Evidence seized from the four suspects reportedly “amounts” to USD580,000. One bundle of fake money contained USD10,000.
According to police, it’s quite easy to recognize the coutnerfeit money because of its rough texture–real money is normally on the smoother side.
The case is still being developed, Purnomo says.
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