Police seized US$250 billion forged US Treasury Bonds : Hong Kong




2005-08-13 17:39


Police today (August 13) charged four Taiwanese for possession of false instruments, which involved a quantity of forged US Treasury Bonds with a face value of US$250 billion.

The case came to light when Police received a report early this month form a 79-year-old man that he was approached by one of the Taiwanese and asked for his assistance in realizing two boxes of US Treasury Bonds with a face value of US$500 million each.

Officers of Commercial Crime Bureau (CCB) arranged a controlled buy meeting with the Taiwanese in a guesthouse in Jordan in Thursday (August 11) evening.

Three men and one woman, aged between 30 and 65 were arrested when two boxes each containing 250 suspected forged US Treasury Bonds were seized.

A quantity of other suspected false instruments including photographs and scanned images of foreign currency notes and bank and business documents were seized during the operation.

The four arrested persons have been charged with possession of false instruments. They will appear in Kowloon City Court on Monday (August 15).



The above details are as provided from scene at the time of posting (indicated in red), and may change as the incident/police inquiry progresses.