Thai man arrested for selling fake 1,000 baht banknotes

Officers from the Economic Crime Suppression Division (ECD) yesterday arrested a Thai man after discovering he sold fake 1,000 baht banknotes online with a promotion, buy 10 get 1 free.

The Bank of Thailand received a complaint about counterfeit banknotes being sold on Twitter and then reported the issue to the EDC and urged for an urgent investigation as the fake bills could potentially cause a huge impact on Thailand’s economic system.

The Twitter user was identified as 25 year old Thai man Kritsada. He was arrested yesterday at his house in the central province of Sing Buri.

According to the police report, Kritsada sold the fake 1,000 baht banknotes at 100 baht each and offered his customers a promotion of buying 10 bills to get one free.

The customers could either pay on delivery or transfer the money to Kritsada’s account. He delivered the…