Focus Taiwan
Date: 2016/03/31
By: Yang Sz-ruei and Y.F. Low
Taipei, March 31 (CNA) Police have seized nearly 60,000 fake NT$50 coins with a total value of NT$3 million (US$93,341) in a raid in Tainan, southern Taiwan.
[The counterfeit (left) and a real coin]
Tainan police said they had been investigating the case since last April after receiving complaints from local business owners that they had been given many counterfeit NT$50 coins.
The investigation eventually led to a man surnamed Huang, the police said.
An assault rifle, a shotgun, bullets and drugs were found in a raid on a residence rented by Huang in the city’s Anping District on Wednesday, according to police. [FULL STORY]