Printer Friendly

Newlyweds becoming Cambodia's latest bogus currency victims.

PHNOM PENH, March 27 Kyodo

For years, Cambodians have had to put up with counterfeit U.S. currency circulating in the country and leaving unwary shopkeepers, hoteliers and restaurateurs to foot the bill when the bogus bucks are discovered at the bank.

But a new counterfeit outrage may turn out to be the final straw that gets ordinary Cambodians more concerned about fake cash.

Newlyweds are beginning to find bogus bills among the cash traditionally offered by wedding guests to get a new couple off to a good start.

And with Cambodia's riel often reeling in the currency markets, U.S. currency alone is the de rigeur gift for any self-respecting Cambodian wedding guest.

The problem, as noted by journalist Soy Sopheap who married a month ago, is some of that cash is often counterfeit.

Soy Sopheap and his bride only lost about $30 out of around $4,500 in gifts, but Chan Zea, who arranges wedding receptions, says it is not completely uncommon these days for the newly wedded to find $200 to $300 in fake bills among their gifts.

The registrars who accept the money at wedding receptions are rarely versed enough to spot counterfeit currency, but some are now wondering if a closer eye on the offerings will not become almost as necessary as is the requirement to make gifts in dollars.

Cambodian law strictly forbids counterfeiting and perhaps, if enough irate brides, grooms and their parents add their voices to those of shopkeepers and others who handle cash, the country may finally begin to rid itself of the scourge of suspect sawbucks.
COPYRIGHT 2003 Kyodo News International, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Asian Economic News
Date:Mar 31, 2003
Words:266
Previous Article:SARS causing new concerns in Asia.
Next Article:H.K. unveils urgent measures to curb disease amid breakthrough.


Related Articles
Action on bogus prize draws.
For sale: Addresses of vulnerable OAPs.
PICTURES USED IN THREATS.
Britons accused of shares fraud.
Fresh plea over doorstep callers; Warning as yet more elderly fall victim to tricksters.
Alert over fake notes on cash machines.
Bogus caller brings parent alert.
INVESTIGATE: MONIES EWING.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters