Vietnamese counterfeiters get death sentences
Asian Economic News, Oct 23, 2000
HANOI, Oct. 18 Kyodo
A Vietnamese court handed two men death sentences and another a life imprisonment earlier this week for counterfeiting Vietnamese banknotes last year, an official newspaper reported Wednesday.
The Ho Chi Minh City court on Monday found Tran Hoai Nam and Nguyen Van Phi played the leading role in an 18-member ring that printed 8,000 counterfeit bills, each with a face value of 50,000 dong (about $3.5), since July last year in Dong Nai province, about 40 kilometers northeast of the city, Vietnam News said.
Police arrested five of the ring members in October last year. It also seized and destroyed counterfeit banknotes with a total face value of nearly 243 million dong, it said.
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