A 36-year-old Indonesian man, Chandra Ahmadyani, has been charged for attempting to deposit a counterfeit $10,000 note at a bank in Singapore.
According to a police statement, the incident occurred on December 23, 2024, at around 12 pm at the DBS South Bridge Branch located in Hong Lim Complex. Chandra allegedly presented the counterfeit note to a bank counter staff, requesting that it be deposited into his account.
The staff, suspecting the note to be fake, alerted the branch manager, who then contacted the police. Chandra was subsequently arrested, and the counterfeit note was seized as part of the investigation.
The Straits Times reported that Chandra had reason to believe the note was counterfeit. During a court hearing, he indicated his intention to plead guilty to the charge.
He has been offered bail of $20,000, and the case is set for mention on March 6, 2025.
In light of the incident, the police issued a reminder for the public to exercise caution when dealing with individuals who offer money in exchange for assistance in converting counterfeit notes or depositing them at financial institutions.
They advised anyone who suspects they have received counterfeit notes to immediately contact the police. The police also recommended limiting handling of the notes to preserve evidence by placing them in protective covering, such as an envelope or folded paper.
The Monetary Authority of Singapore’s website provides detailed information on the security features of genuine Singapore currency, helping the public identify counterfeit notes and avoid falling victim to scams.
Since 1 January 2021 and 1 October 2014, MAS has stopped issuing $10,000 and $1,000 notes respectively.
Photos: Monetary Authority of Singapore
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