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15 March 2025

Tokyo Police Arrest Man For Counterfeiting New Yen

The first such arrest highlights growing concerns over counterfeit currency amid new banknotes.

Tokyo - The Tokyo Metropolitan Police Department made headlines on March 13, 2025, by arresting Mizuki Saito, a 27-year-old resident of the Taito district, for allegedly using counterfeit currency. A significant development, this marks the first enforcement action against the use of counterfeit new banknotes, particularly the 10,000 yen bills, which were launched just last July.

Saito’s troubles began on February 10, 2025, when he reportedly used a fake 10,000 yen bill at a small store located in Shinjuku, Tokyo, to pay for drinks and snacks totaling 690 yen. This incident alerted store personnel, who likely notified the authorities, prompting the police to investigate.

Upon apprehending Saito, officers conducted a thorough search of his residence and discovered over 50 counterfeit banknotes, including denominations of 10,000 yen and 5,000 yen. The police also seized a color printer, which led them to suspect Saito was not just using but also manufacturing the counterfeit currency.

According to reports from Gigi Press, "This is the first time police have taken enforcement action against the use of counterfeit currency among any of the new banknotes launched last July." This quote underlines the significance of the current case as authorities aim to crack down on counterfeiting, especially with the introduction of new banknotes.

Investigators remarked on the distinct differences between the counterfeit bills and their legitimate counterparts. Officials pointed out subtle but important features; fake bills were described as being slightly redder than genuine notes and missing the watermarks found on authentic currency. For example, the holographic image of Eiichi Shibusawa on the 10,000 yen note does not shift or change when tilted as it does on genuine bills, with clear ramifications for public confidence and currency security.

The arrest of Mizuki Saito could potentially lead to more extensive investigations as police look to crack down on counterfeiting. The counterfeit bills' circulation threatens the integrity of Japan’s currency system, leading the Metropolitan Police Department to sharpen its focus on similar cases.

Experts suggest counterfeiting tends to fluctuate with economic shifts. Instances such as these reflect both opportunities for criminals and necessity for law enforcement to adapt to new risks. The situation demonstrates not only the dangers posed by counterfeit bills but also the lengths to which criminals might go to exploit financial systems.

Authorities are encouraging the public to be vigilant against counterfeiting, urging individuals to familiarize themselves with the unique features found on genuine banknotes. This case serves as a reminder for residents to remain observant and report any suspicious activities or materials.

With the rise of technology making it easier to create sophisticated fakes, the role of law enforcement agencies has never been more pivotal. The arrest of Saito may be the first step toward protecting consumers and maintaining public trust within the economy.

The future of Japan’s financial security may rely heavily on similar swift actions against counterfeit operations, ensuring such incidents are dealt with effectively and preventively. Law enforcement is determined to keep personal and financial safety intact as counterfeit activities continue to be addressed with increased urgency.