The E-Sylum:  Volume 9, Number 36, September 3, 2006, Article 20

COUNTERFEIT BANKNOTE DETECTORS SELLING FAST IN VIETNAM

According to a report published August 28, "Electronic and
household electric goods kiosks in Hanoi’s Dong Xuan market are
selling money checkers quickly as some cases of false polymer
banknotes have been reported recently in the media."

Those machines can quickly detect counterfeit money, both polymer
and cotton-paper types of Vietnamese, Chinese and even US and
euro banknotes, she said.

Walking around Dong Xuan market, reporters were invited to buy
many kinds of money checkers everywhere, ranging from money-checking
torches to pens, all of which were made in China.

The money-checking pen is no longer favoured by customers although
its price is only VND7,000-10,000 ($0.4 - $0.6) per unit because of
its poor quality, especially its incapacity to detect fake polymer
banknotes."

To read the complete story, see: Full Story

  Wayne Homren, Editor

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