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September 20, 2017

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Local woman unknowingly had fake US dollars for 40 years

TAIPEI, Taiwan -- A local media yesterday reported that a Taiwanese woman was in possession of NT$100,000 worth of counterfeit U.S. dollars for forty years, not knowing they were fraudulent until a bank teller reported it to the police.

Reportedly, a man surnamed Lan attempted to exchange over 70 notes of US currency for new bills at the Bank of Taiwan. A teller at the bank spotted that the notes were counterfeit versions of the CB versions of dollar notes, and confiscated the money, along with Lan's ID number, before calling the police.

Following Lan's arrest, the accused said that the money belonged to his mother, and that he was only at the bank at her request as she was worried that the bills might become outdated before a planned visit to America.

After conducting background checks on Lan and after questioning Lan's mother, the police concluded the the story to be true, and stated that no charges will be pressed against Lan.

Apparently, the money was given to the mother forty years ago by a neighbor from Hong Kong, who had exchange the bills for around NT$100,000. The mother is quoted to have said that she initially misplaced the money, only finding it recently after cleaning her house and that she can't believe that she had been lied to forty years ago.

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