Another cash smuggler caught trying to leave Taiwan

Taiwan dollar notes

Taoyuan airport police caught a Hong Kong man attempting to smuggle NTD12.47 million (MOP2.99 million) from Taiwan to Hong Kong on Sunday, making him the second cash smuggler caught at the airport in three days.
AsiaOne reported that the man, surnamed Ning, told airport police on Sunday that he was bringing the cash to Hong Kong in order to profit from the exchange rate difference during the rapid depreciation of the New Taiwan Dollar.
Taiwan airport police claimed that Ning, 58, was in Taiwan on an all-expenses paid trip and had expected to earn HKD2,000 if successful.
The suspect had planned to take a flight to Hong Kong at 6:40 p.m. on Sunday, but was intercepted around 4 p.m when passing through security at Taiwan Taoyuan International Airport’s Terminal One.
As the Times reported previously, a Macau-bound
Taiwanese man was stopped on Friday at Taoyuan Airport when airport customs officials confiscated nearly USD28,000.
A similar case took place on December 23, when a woman carrying NTD4.8 million hidden in her luggage and carry-on baggage was stopped by airport police. Taipei Times claimed that the woman, surnamed Lung, was intending to board a flight to Bangkok but was caught with undeclared cash.
In December, authorities also caught a South Korean woman with NTD1.9 million, a Taiwanese woman headed to Jakarta with NTD16.6 million, and two men carrying a combined NTD2.5 million.