PRCS CAUGHT TRYING TO PASS OFF RENMINBI COINS AS S’PORE CURRENCY

A reader has informed us about a PRC who cheated his father by passing off 1 Renminbi coins as Singapore 10 cent coins!

Read his post here.

*WARNING to Singaporeans (Please help to share around)

Another one of PRC scam in SG, have a good look at the change you received after your purchase. My dad did not double checked and ended up receiving this. Diameter of coin is very similar, thus its hard to really feel the difference and the material is similar to our new coins (sound of arcade tokens).

Used XE Currency Converter on 15/10/2015 to check rate: (0.10 CNY = 0.0217146 SGD)

The China coin below is 1 Mao or Yi Jiao equivalent to Singapore 2 Cents. 10 of it is equivalent to the value of 1 Chinese Yuan/元 = SG 20 Cents.

Joel
A.S.S. Contributor

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