Fake S$10,000 Notes Fuel Casino Scandal

Indonesian police are questioning three men concerning a scheme involving counterfeit Singapore $10,000 notes. The investigation stems from allegations that an Indonesian businessman used 34 of these fake notes across several visits to the Resorts World Sentosa casino in June. These notes, dated 1973, were initially accepted and exchanged for casino chips.

Authorities from both Singapore and Indonesia are collaborating on the case. While the businessman's lawyer claims his client is a victim unaware of the counterfeit nature of the money, evidence suggests the notes were knowingly handed over with agreements regarding commission and risk.

The investigation follows a timeline where the notes were exchanged in Singapore and also intended for a property purchase. The Singapore $10,000 note, discontinued in 2014, remains legal tender despite its high denomination, which was phased out to reduce money laundering risks.