{"id":8216,"date":"2020-11-17T00:00:00","date_gmt":"2020-11-17T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/asia\/casinos-in-macau-now-having-trouble-with-money-exchange-frauds\/"},"modified":"2020-11-17T00:00:00","modified_gmt":"2020-11-17T00:00:00","slug":"casinos-in-macau-now-having-trouble-with-money-exchange-frauds","status":"publish","type":"asia","link":"https:\/\/www.mundovideo.com.co\/en\/asia\/casinos-in-macau-now-having-trouble-with-money-exchange-frauds\/","title":{"rendered":"Casinos in Macau now having trouble with money exchange frauds"},"content":{"rendered":"

As casino activity in Macau starts to increase, local police have made a number of arrests relating to money exchange fraud. While these types of offenses have not been too prevalent because of the COVID-19 fallout, the city’s Judiciary Police (JP) arrested several people in September over fraud allegations. Further arrests took place in recent days, with some of the incidents dating back to 2019.<\/font><\/p>\n

In all, there were six fraud cases involving money exchange gangs that regularly operate within the casino sector. A few of the cases related to people robbing casinos while the others concern money fraud at the casinos.<\/font><\/p>\n

One of the cases involved a victim who was looking to obtain Hong Kong dollars (HKD) in exchange for Chinese yuan.<\/font><\/p>\n

The exchange was worth approximately 262,500 yuan (US$39,700). Instead of real money, the accused gave the victim counterfeit bills. The victim discovered the fake bills after trying to exchange the cash for casino chips. Casino security stopped the accused before he was able to escape.<\/font><\/p>\n

Casinos are still trying to come to grips with the COVID-19 pandemic fallout. The third-quarter financials for a number of major Macau casino properties illustrate their struggles so far in 2020.<\/font><\/p>\n

No Copyright infringement intended. Video\/Photo Unknown Direct for credits\/issue or text us +57 3606412 … | Respect to Photographers & Influencers<\/font><\/p>\n

 <\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

The victim discovered the fake bills after trying to exchange the cash for casino chips.<\/p>\n","protected":false},"author":1,"featured_media":5509,"menu_order":412,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[4116],"class_list":{"0":"post-8216","1":"asia","2":"type-asia","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-counterfeit-hkd-gang-macau-macau-casinos-counterfeit-hkd-yuan-macau-counterfeit-money-casino","8":"entry"},"yoast_head":"\nCasinos in Macau now having trouble with money exchange frauds - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mundovideo.com.co\/en\/asia\/casinos-in-macau-now-having-trouble-with-money-exchange-frauds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Casinos in Macau now having trouble with money exchange frauds - 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