Bank of Korea announces counterfeit banknotes in the first half of the year: 41 notes… Face value: 47 million 3,000 won
The Bank of Korea said that 7 month 8 day, the number of counterfeit banknotes found in circulation during the first half of this year was 41 notes. Their total face value was 47 million 3,000 won, and 5,000 won notes accounted for the largest share, at 22 notes.
The Bank of Korea announced that on 7 month 8 day, a total of 41 counterfeit banknotes had been found during the circulation of currency in the first half of this year. This figure underscores why the possibility of counterfeit notes entering cash transaction sites and cash-handling processes should be checked.
The total face value of the counterfeit banknotes found was 47 million 3,000 won. The tally was based on cases discovered during the circulation of currency.
By denomination, 5,000 won notes were the most numerous, with 22 notes. The individual tally figures for other denominations were disclosed.
5,000Of the banknotes, 17notes were 2013year 6month, the Bank of Korea said, were produced by a large-scale counterfeiter arrested. Some cases included identical or similar counterfeiting patterns.
Compared with 62notes in the same period a year earlier, 21fewer notes were recorded. The share of counterfeit banknotes relative to banknotes in circulation in Korea was counted at 1per one hundred million notes, 0.6notes.
The Bank of Korea said it presented an award to Icheon Police Station for its contribution to counterfeit-banknote prevention activities. The awards were given for cases that contributed to detecting and cracking down on counterfeit banknotes.
The Bank of Korea's data are statistics as of the first half of the year. Additional figures and detailed analysis may be released later.