Counterfeit 1,000 Baht Banknotes Reported in Phayao
Local vendors in Phayao province have reported the circulation of fake 1,000 baht banknotes, prompting warnings to the public after traders suffered financial losses.
On October 28, 2026, reports emerged from Phu Sang district in Phayao province regarding the discovery of counterfeit 1,000 baht banknotes. According to Khaosod English, at least two local market traders have confirmed accepting these fake bills from customers, resulting in direct financial losses for their businesses.
This incident serves as a reminder for residents and travelers to remain vigilant when handling cash transactions, particularly with high-denomination notes. While the circulation of counterfeit currency is a localized issue in this instance, it highlights the importance of verifying the authenticity of banknotes during daily commerce.
Currently, the full extent of the counterfeit bills in circulation remains unconfirmed. Authorities have not yet released specific details regarding the security features that were bypassed or the origin of the fake currency. For those living in or visiting the area, it is advisable to inspect banknotes carefully—checking for the watermark, the color-shifting ink, and the texture of the paper—before completing transactions. If you suspect you have received a counterfeit note, it is recommended to contact local law enforcement rather than attempting to pass the bill further. Further updates are expected as local officials investigate the source of these fraudulent banknotes.
