Saturday, December 14, 2024

$1,900 Fine Paid in Coins Leads to More Trouble!

SCMP

In China, a man ended up paying an extra fine after paying a 10,000 yuan (US$1,400) fine entirely in coins. Authorities considered this method a waste of judicial resources, leading to the additional penalty.

According to the Hong Kong South China Morning Post (SCMP), Mr. Wan was initially fined 20,000 yuan (US$ 2,800) in March for failing to fulfill his legal obligations.

He paid 10,000 yuan in coins.

Mr. Wan submitted a bag filled with coins and old banknotes to a court in Sichuan Province in southwest China.

The problem arose when court officials and bank employees spent nearly three hours counting the money. Reports indicated that 1,400 yuan (US$190) of the coins Mr. Wan submitted were so severely damaged they were unusable.

As a result, a Chinese court imposed an additional fine of 2,000 yuan (US$275) on Mr. Wan. The court cited his lack of a reasonable explanation for paying his original fine in coins and the resulting waste of judicial resources as reasons for the extra penalty.

The incident triggered diverse reactions on social media across mainland China, with comments ranging from “The reason for the extra fine is ridiculous” to “This must be possible because it’s a communist country” and “It looks like there’s a law against being annoying in China.”

Hot this week

America’s Secret Weapon? Pentagon Bets Big on AI for National Security

The Pentagon has launched the AI Rapid Capabilities Cell to enhance AI adoption for military and non-combat applications, allocating $100M.

U.S. Defense Department Urges Calm as South Korea Faces Impeachment Drama

The U.S. emphasizes support for South Korea amid its impeachment crisis, ensuring continued dialogue and cooperation to deter North Korea.

Inflation Woes: November CPI Sees Slight Uptick, Leaving Consumers on Edge

U.S. CPI rose 2.7% year-over-year in November, signaling inflation challenges for the Federal Reserve amid resilient consumer spending.

Nasdaq Shatters Records with 20,000 Milestone—What’s Next for Investors?

The Nasdaq index surpassed 20,000 for the first time, driven by positive CPI data and gains from tech giants like Tesla and Nvidia.

TSMC Founder Calls Out Samsung and Intel: ‘They’re Falling Behind!’

Morris Chang critiques Samsung's tech issues and Intel's strategy missteps, highlighting TSMC's dominance in the semiconductor industry.

Topics

America’s Secret Weapon? Pentagon Bets Big on AI for National Security

The Pentagon has launched the AI Rapid Capabilities Cell to enhance AI adoption for military and non-combat applications, allocating $100M.

U.S. Defense Department Urges Calm as South Korea Faces Impeachment Drama

The U.S. emphasizes support for South Korea amid its impeachment crisis, ensuring continued dialogue and cooperation to deter North Korea.

Inflation Woes: November CPI Sees Slight Uptick, Leaving Consumers on Edge

U.S. CPI rose 2.7% year-over-year in November, signaling inflation challenges for the Federal Reserve amid resilient consumer spending.

Nasdaq Shatters Records with 20,000 Milestone—What’s Next for Investors?

The Nasdaq index surpassed 20,000 for the first time, driven by positive CPI data and gains from tech giants like Tesla and Nvidia.

TSMC Founder Calls Out Samsung and Intel: ‘They’re Falling Behind!’

Morris Chang critiques Samsung's tech issues and Intel's strategy missteps, highlighting TSMC's dominance in the semiconductor industry.

Snack Attack: How Your Favorite Processed Treats Could Lead to Cancer

A study shows ultra-processed foods increase colorectal cancer risk by suppressing the immune system and promoting inflammation.

Is Luigi Mangione a Murderer or a Martyr? Public’s Mixed Reactions to the UHC CEO’s Death

Luigi Mangione, arrested for the murder of UHC CEO, is seen as a hero by some due to his critical views on insurance companies.

Trump Calls Canada the ’51st State’ – Is He Serious or Just Joking?

Trump humorously referred to Canada as a U.S. state, which may offend Canadians and spark diplomatic issues over tariffs.

Related Articles