2 nabbed for producing fake US dollars
Two suspected fraudsters have been arrested while allegedly producing fake United States dollars. The Lagos police command described the suspects, George Osagie, 51, and Makinde Kudus, 28, as “wash wash fraudsters” who had been spending fake currencies within the Lagos metropolis. Osagie confessed he joined the gang after he was swindled by the group. He […]

Two suspected fraudsters have been arrested while allegedly producing fake United States dollars.
The Lagos police command described the suspects, George Osagie, 51, and Makinde Kudus, 28, as “wash wash fraudsters” who had been spending fake currencies within the Lagos metropolis.
Osagie confessed he joined the gang after he was swindled by the group. He said the gang had tricked him with the fake dollars and duped him of the sum of N300,000 on the pretence they would need the money to buy chemicals to produce more dollars for him.
He said, “I met the gang last year in a cab heading to Ijesha. I don’t know how they tricked me into it but I eventually followed them to a house where they showed me a briefcase containing various foreign currencies. They succeeded in convincing me to part with the sum of N300,000. The money was meant to purchase more chemicals to wash more money. I later realised that I had been defrauded. To retrieve my money I was asked to join the gang.
“In the gang, my job is to act as a beneficiary in front of any would- be victim. This is to convince the victim that the deal is genuine and not fake. I get a percentage in any successful deal. Those who go about looking for victims are known as catchers. I was arrested at a hotel at Ilasa where we were hosting a would-be victim.”
The Commissioner of Police, Lagos State, Imohimi Edgal, who confirmed the incident, said the suspects were arrested on July 28, 2018.
The police boss said that during interrogation, it was discovered that the suspects had defrauded one Victoria Awoniyi of the sum of N5.7m, Taiwo Kayode, N3m and Adebisi Adebayo, N500,000.