A Hunan province native has been charged with circulating counterfeit currency after more than 830,000 yuan was found in his possession as the Chinese mainland, Taiwan and Hong Kong intensified their crackdown on fake yuan notes.

In Taiwan, police said they had seized fake banknotes totaling 100 million yuan after smashing a syndicate that printed the counterfeit currency this week. They arrested six people on Wednesday, too.

Among those arrested is a 41-year-old man surnamed Hui, the suspected leader of the syndicate.