Yes, is a big offence with imprisonment for life or imprisonment from ten to twenty years. Possessing counterfeited money for use is also guilty with imprisonment of one to 15 years.
Someone may not know it is faked when he/she gets it. But once he/she knows it, he/she must not use it because if he/she uses it as money he/she with be guilty with punishment of imprisonment as high as 10 years or fine not more than 20.000 baht or both.
If it is foreign money, the punishment is half of Thai money. Whoever brings into Thailand any faked money is punishable with the same punishment as counterfeiting it. You may be free from being Punished only if you can prove that you did not know it was faked when you got it. But whenever you know it, you must not it. Instead, you should notify it to the administrative authority near you, such as the village head man or police. Possessing it knowingly, you are guilty and can be arrested.
By KRAIVIT BUSINESS AND ESTATE LAW OFFICE :
Someone may not know it is faked when he/she gets it. But once he/she knows it, he/she must not use it because if he/she uses it as money he/she with be guilty with punishment of imprisonment as high as 10 years or fine not more than 20.000 baht or both.
If it is foreign money, the punishment is half of Thai money. Whoever brings into Thailand any faked money is punishable with the same punishment as counterfeiting it. You may be free from being Punished only if you can prove that you did not know it was faked when you got it. But whenever you know it, you must not it. Instead, you should notify it to the administrative authority near you, such as the village head man or police. Possessing it knowingly, you are guilty and can be arrested.
By KRAIVIT BUSINESS AND ESTATE LAW OFFICE :
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