Dodgy Toonies from Quanzhou: How CBSA says it nabbed man with 26,630 fake $2 coins from China
globalnews.cathe RCMP in Toronto arrested Daixiong He, 68, of Richmond Hill, Ont., and charged him with uttering counterfeit money and possession of counterfeit money. The Mounties seized 10,000 allegedly fake Toonies during that investigation.
His case remains before the courts, and RCMP said then his alleged fakes were “suspected of coming from China,” but offered no solid public evidence.If a conviction is obtained in Généreux’s case, it would easily become the largest seizure of fake coins from one person and offer direct proof of ties to China.CBSA investigators said they found boxes and boxes of allegedly fake coins throughout the Sorel man’s home and storage unit, many still in boxes featuring Chinese letters, the documents allege.Investigators found 4,422 allegedly fake $2 coins stashed in a cat litter bucket; another 1,306 were inside a Walmart bag, according to an inventory of items allegedly seized during the raids.CBSA also seized 91 US$50 bills which prosecutors now allege are also counterfeit, along with three Apple iPads, two mobile phones, and two laptops, court records show.Why would anyone bother to buy and import a low-value counterfeit Toonie from China?“It’s not chump change, like people think. There are millions of counterfeit Toonies now circulating in Canada,” Marshall explained.Numbers on Généreux’s shipping invoices may offer insight: the operation could potentially yield easy and juicy profits.Chinese makers of the fake Toonies were selling them to Généreux for 5 cents U.S.
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