ecns [expanded by feedex.net]: Fake notes from Children's Bank of China?

ecns [expanded by feedex.net]

ecns

Fake notes from Children's Bank of China?
http://www.ecns.cn/2014/05-04/112161.shtml
May 4th 2014, 02:09





2014-05-04 11:09


Buses in Changchun, northeast China's Jilin province have been receiving fake, one-yuan bank notes issued by the "Children's Bank of China", according to media reports.


A bus driver surnamed Cong who drives for the Line 156 bus in Changchun says he has received more than a dozen of these notes, which look exactly the same as real ones, except that the words "Children's Bank of China" are printed in place of "People's Bank of China".


Cong says there is no way of telling if the notes are fake when the passengers drop their money into the fare collection boxes. One yuan is the standard fare required for a bus ride, although it's not much, the bus company's loss gets accumulatively higher if they continue to receive fake notes, according to Cong.


Other bus lines in the city have also met similar issues as they receive buttons, game coins, and even notes torn and folded in half from passengers wanting to keep the other half for another ride.


Statistics show that the loss from fake and incomplete notes amounts to millions of yuan each year in Changchun.


Some buses are now equipped with "smart boxes" that can detect and eject fake money.


A staff member from the city's Transportation Bureau suggests transportation cards can significantly reduce losses.









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