Police in Jieyang city, Guangdong province have confiscated almost a hundred million yuan in highly simulated counterfeit bills, CRIEnglish reports.
The fake 100 yuan notes have serial numbers beginning with M3W96 and are said to be of extremely high quality.
“The fake money has an uneven surface, printed by a paper press machine. It can even print the anti-counterfeiting mark resembling the real one,” said Luo Ziyao, an investigator at the Economic Crime Investigation Bureau of Guangdong Provincial Public Security.
The fake notes were first sold online by counterfeiters, and are circulating mainly in markets, police believe.
“These notes are mostly circulated in markets, especially meat markets. Meat vendors cannot really sense the difference between real and fake notes when touching the money with greasy hands,” said an officer cited in the report.
High quality counterfeit bills can usually be distinguished from authentic notes through three obvious defects, which you can find here.
Back in June, another haul of 100 yuan notes that had serial numbers starting with NH37 were fooling experienced shopkeepers in Guangdong, Chongqing, Jiangsu and Changchun.
Around the same time, notes of fake money issued by the “Children’s Bank of China” had managed to circulate across Changchun, Chognqing and Haikou after being thrown in bus cash collection boxes by unobservant passengers.