The arrests were made in Indonesia.<\/p>\n\n\n\n\n\n\n\n
Singapore.- The collaboration between Singapore’s Commercial Affairs Department (CAD) and the Indonesian National Police has resulted in the arrest of four Indonesians for allegedly use of counterfeit currency at casinos. <\/p>\n\n\n\n
The investigation was initiated on September 21, 2023, when an Indonesian couple attempted to exchange a counterfeit S$10,000 note for casino chips<\/strong> in Singapore.\u00a0According to Channel News Asia, police learned that the couple had travelled from Batam to Singapore the same day and had received the note from their partner in Batam as payment for a business transaction.<\/p>\n\n\n\n Due to a lack of evidence, the couple was released. However, the casino alerted the Singapore Police Force (SPF). Police conducted three raids in Riau and West Java provinces in Indonesia<\/strong> between November 15 and 20, 2023. These resulted in the arrest of three suspects, aged 39 to 48, suspected of counterfeiting and distributing fake banknotes. A subsequent raid led to the arrest of a 51-year-old Indonesian man.<\/p>\n","protected":false},"excerpt":{"rendered":" The arrests were made in Indonesia.<\/p>\n","protected":false},"author":176,"featured_media":13190,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Singaporean and Indonesian authorities collaborated to arrest four individuals in Indonesia for allegedly counterfeiting and distributing fake currency used at Singaporean casinos. The investigation began in September 2023 after an attempt to exchange a counterfeit S$10,000 note, highlighting cross-border financial crime within the gaming sector.","focusai_entities":"Commercial Affairs Department (CAD), Indonesian National Police, Singapore Police Force (SPF), Channel News Asia","focusai_location":"Indonesia, Singapore, Batam, Riau, West Java","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.98), operator_casino (0.95), payments_fraud_aml (1.0), investor_analyst (0.75), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Cross-border AML Impact?","query":"What specific enhancements to cross-border AML protocols and information-sharing agreements between Singapore and Indonesia might result from this successful joint operation?"},{"label":"Casino Fraud Prevention?","query":"How are integrated resorts in Singapore evaluating and upgrading their counterfeit detection technologies and staff training in light of this incident to mitigate future financial fraud risks?"}],"footnotes":""},"categories":[439,16333],"tags":[20326],"class_list":["post-777012815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal-news","category-south-east-asia-news","tag-illegal-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777012815"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012815\/revisions"}],"predecessor-version":[{"id":777012834,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012815\/revisions\/777012834"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/13190"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}