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Secret coins cannot be exchanged in China, which is equivalent to a piece of waste paper.
Time: 09:35 April 22, 2005 Source: Peninsula Morning News.
Morning News (Huang Hui reporter Zhang Jinyi) In response to the recent frequent fraudulent acts of using secret coins as props, yesterday, the relevant person in charge of the Information Office of the General Department of the State Administration of Foreign Exchange said that Peru's national currency is a non-free currency in China, and it is not priced and cannot be exchanged.
In other words, any paper money called secret currency is equivalent to a piece of waste paper in China.
On April/0/3, Sun Li (pseudonym), a citizen, was cheated out of her savings of/0/30,000 yuan by several swindlers near the bridge head of Tiger Beach in Zhongshan District, Dalian. Afterwards, Sun Li said that the money was earned by her daughter's hard work outside, and it was all hers. Statistics from the Criminal Information Office of Dalian Interpol Detachment show that there were a total of 1 1 cases involving secret currency fraud this year, involving more than 300,000 yuan.
Not only Dalian, but also Ningbo, Shanghai, Beijing and other places. The reporter entered the word "secret currency" in the internet search engine, and more than 500 pieces of information about fraud with secret currency appeared at once.
A case-handling officer of Dalian police said that using secret coins as props to cheat money is not a new topic. The reason why swindlers can succeed repeatedly shows that some citizens are greedy for small profits and also reflect the ignorance of some people. Zhang Xiang, the account manager of Dalian Branch of CITIC Industrial Bank, said that if calculated according to the conversion ratio (based on the US dollar), the 1 000 secret coins can only be exchanged for more than 1 yuan, while the secret coins are neither circulated nor exchanged in China.
The relevant person in charge of the Information Office of the General Department of the State Administration of Foreign Exchange told the reporter that at present, the currencies of six countries and regions, such as the US dollar, the Japanese yen, the euro, the British pound and so on 16, can be exchanged with RMB in China, that is, they are priced, but the currencies of Peruvian countries are not free currencies in China, so they are not priced, convertible or usable.