WHERE: since the Chinese money understood as renminbi is employed anywhere, this scam can be carried out any place in China.
THE SCAM: there is a large number of fake bills in circulation…and whom safer to fool than clueless laowai tourist who don’t understand https://datingmentor.org/koko-app-review/ an actual bill from a fake one?
Steer clear of Fake Chinese Money Scams
Carefully inspect any noticeable modification, specially Y50 and Y100 bills. This might be among the simplest travel scams in Asia to fall for as it’s very difficult to learn.
- Does the note feel slim or slippery?
- Does the watermark appearance kosher?
- Does one thing simply feel down for you?
If it feels or appears wrong, don’t be shy about rejecting it (a typical training in Asia). If required, cancel the deal and back demand your money.
Get Funds from an ATM.
If you’re cash that is getting an ATM or changing cash at a bank (for example. Maybe not just a money-changer), you won’t have to worry about getting counterfeit bills (usually Y100 records).
But rather, you really need to look out for the old Bait-and-Switch.
As an example, you pay someone together with your (real) Y100 and additionally they secretly replace it with a fake note, claiming them the bogus note that you gave. Then, they’ll give you the fake one and ask for the next one.
They simply produced neat Y200 profit!
Keep an optical attention on the bill whenever spending and watch out for the swap. This will be a popular scam with taxis so when getting right right right back a deposit (such as for instance renting bike). Continue reading Asia Ripoff number 2: Counterfeit Money Scam