EFCC Stops N45m Fake Notes from Circulation
The operatives of the Economic and Financial Crimes Commission, EFCC, has through the arrest of Badamasi Sule and Muhammad Muhammad, suspected money-doublers, stopped the circulation of about N45m fake notes, packaged inside two Ghana-must-go bags.
These currency counterfeiters were arrested in December 2019, following actionable intelligence report which exposed a syndicate of fraudsters who specializes in printing fake N1,000 notes. They were also found to be in possession of fake $100 bills.
Disclosing this on Monday via its official facebooks handle, EFCC, said that investigations further revealed that two “Ghana-must-go bags” in their possession containing the N1,000 notes were shortly to be put into circulation. Their primary targets are bureaux de change operators, and unsuspecting members of the public.
The syndicate is believed to be operating from Gashua, Yobe State, with its dispatch lodge being a hotel located in Abacha Estate, close to the Sheraton Hotel and Towers, Abuja.
They will soon be arraigned in court.
Deji Sasegbon’s Latest Dictionary: Place your order now. Call:08076095047, 07036688678, 08035629991
Newswire, we present the world of law and the issues that engage them. This edition is yet again, ‘Mind-blowing’. Go get your copy(ies) Now!
Do you need to be heard? Or your articles published? Send your views, messages, articles or press release to: newswiremagazine@yahoo.co.uk >>> We can cover your (LAW) events at the first Call: 08039218044, 08024004726
-Advertisement-
Grab our latest Magazine, "Chief Wole Olanipekun, CFR, SAN, A man of wide horizons and deep intentions". Get your order fast and stress free.
For more details about Newswire Law&Events Magazine, kindly reach out to us on 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk. You will be glad you did
