POLICE have arrested a man with two trillion US dollars in forged US treasury bonds in his possession, police said yesterday.
The 63-year-old man was arrested late yesterday in a raid on his flat in downtown Hong Kong.
Sixteen boxes, each containing 4000 forged bonds, were also seized.
Police raided 47 locations where suspected fake bank documents including standby letters of credit, bank guarantees, US Federal Reserve bonds and promissory notes were seized.
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