Guangdong Police Bust Major Counterfeit Banknote Factories

Police officers in Huizhou, in south China's Guangdong Province, examine the paper used for counterfeiting 100-yuan banknotes, on September 24, 2015. In a collaborative raid coded "Cheetah", police from six cities in Guangdong busted two counterfeit banknote factories in Huizhou and captured all the major suspects. All of the counterfeit banknotes, which totaled 210 million yuan in face value, were confiscated. None of the notes had been circulated. [Photo: chinanews.com]

Police in south China's Guangdong Province have seized 28 people suspected of printing counterfeit renminbi, the Chinese currency, and confiscated notes worth 210 million yuan (32.9 mln U.S. dollars), the police announced on Thursday.

Police busted two underground dens making fake cash in Huizhou City on Sept. 17 and destroyed four printers, said Huang Shouying, head of economic crime with the provincial public security department.

The printing machines were hidden in a hardware factory and a waste recycling center, he said.

None of the fake money went into circulation, he said.