Fake South Korean banknotes decreased sharply in 2016
Feb. 1, 2017
The number of counterfeit South Korean banknotes detected here dropped 58.3 percent in 2016 from a year earlier, the central bank said Wednesday.A total of 1,373 counterfeit bills were found last year, compared to 3,293 in the previous year, according to the Bank of Korea. (Yonhap)The decline came as the number of fake 50,000-won bills fell 99.1 percent on-year to 19 last year. In 2015, four people were caught making 2,012 fake 50,000-won bills, though none of the counterfeit bills were circulat