Thai Man Openly Sells Counterfeit Banknotes Online

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Thai Media Alerts Twitter Account Selling Fake Banknotes
A pile of THB 1,000 banknotes (photo: Hua Hin Today)

Authorities in Thailand are looking for a man believed to be on the run after openly advertising the sale of counterfeit Thai currency online.

Khaosod reports that the man had been posting images of THB 1,000 banknotes in large quantities, saying that he would happily sell them to anyone.

One tweet posted by the man read, “For those currently facing financial trouble I have many counterfeit banknotes for sale… 100% guaranteed,”

According to the seller’s tweet, his counterfeits were good enough that they could fool ATMs, allowing users to deposit them easily into their bank accounts.

He also shared photos of what he claimed to be his customers who were pleased with his service, holding cash they had purchased from him.

A Tweet of a person claiming to be a customer of the counterfeiter in Thailand.

The Tweets quickly went viral on social media, causing a stir among the online community.

“If it really works, why don’t you keep all the money for yourself?” One social media user responded to the tweet

The seller continues to maintain his innocence in the face of backlash and urges people not to judge him harshly if they haven’t done business with him yet.

“Do not jump to the conclusion that I am a fraud if you have not tried ordering anything from me,” the seller responded on Twitter.

“For those who are genuinely interested, I am now offering a promotion. More extras are provided as you place more orders,” he added.

In the meantime, the police have yet to take any action against the seller.

The fake notes come as the Thai baht increases in value, benefitting from a potential rise in the Consumer Price Index (CPI), as well as the end of the US Federal Reserve Bank’s tightening cycle.