Pol Col Somchai Noppasri, commander of Koh Phangan police, said the four men confessed that they had brought the forged currency with them from the UK to spend during the trip to Koh Phangan. They took turns changing £100 at a time into baht at a privately operated currency exchange on the island.
They were charged with owning and passing fake foreign currency and illegally possessing drugs.
The four men were named as: Adam Carter, 21 and three 23-year-olds: Thomas Moore, Luke Swainston-Thomas and Bradley Turner.
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