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San Francisco Police Warn Chinese people about scam involving fake gold, notes, coins

WillieBoyd2WillieBoyd2 Posts: 5,039 ✭✭✭✭✭
edited April 25, 2024 9:45PM in World & Ancient Coins Forum

From NBC Bay Area News, June 29, 2019 is this article about a San Francisco police warning to Chinese people about a scam.

Included with the article is a photograph showing old Nationalist China notes, old Chinese coins, and fake gold Chinese ingots.

image
San Francisco Police photograph which shows old Chinese coins and bills

Police on Friday sent a warning to San Francisco's Mandarin-speaking community, asking them to be on the lookout for a scam involving the promise of ancient Chinese artifacts.

According to police, recently a group of suspects were able to gain the trust of a business owner and convinced him they had unearthed valuable artifacts at a construction site.

Authorities have reported similar scams in New York and Southern California as well as Asia.

Article:
https://www.nbcbayarea.com/news/local/San-Francisco-Police-Warn-Mandarin-Speaking-Community-About-Scam-Involving-Fake-Gold-512005152.html

:)

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    Que_sai_jeQue_sai_je Posts: 101 ✭✭✭

    The notes remind me: So thirty years ago a couple of guys walk into a friend's NYC antique/scrap shop with a suitcase full of foreign cash they said they found in construction demolition in Philadelphia. He calls me, I'm working for MTB at the time, we also did large amounts of F/X. Turned out to be Chinese 1000 Yuan Sun Yat Sen, all American Bank Note Company circa 1945 in original packs of 100 with wrappers. Apparently they never made it to either the mainland or Taiwan. At the time, had to work like Hell to sell them for $1 a piece. I suppose they would bring more now.

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