NSCDC smashes ‘fake dollar syndicate’, recovers $15,400 fake notes
The Commandant General’s Special Intelligence Squad (CG’s SIS) of the Nigeria Security and Civil Defence Corps (NSCDC), has smashed a fake dollars syndicate that allegedly specialises in printing, sales and distribution of fake US Dollar notes. A statement by the NSCDC spokesman, DCC Olusola Odumosu, on Monday, said intelligence reports indicated that the syndicate had […]
Fake dollars
The Commandant General’s Special Intelligence Squad (CG’s SIS) of the Nigeria Security and Civil Defence Corps (NSCDC), has smashed a fake dollars syndicate that allegedly specialises in printing, sales and distribution of fake US Dollar notes.
A statement by the NSCDC spokesman, DCC Olusola Odumosu, on Monday, said intelligence reports indicated that the syndicate had been operating for the past 10 years around Mararaba under the bridge, by Heart Plaza, Karu Local Government Area of Nasarawa State.
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“The report also revealed that they have swindled and defrauded many individuals, millions of naira under the guise of black market operators exchanging Nigerian naira to US Dollars thereby issuing fake dollar notes to their unsuspecting victims.
“In a clandestine operation carried out by the CG’S SIS Squad, the suspects were smoked out of their hideout and subsequently arrested using the sum of N250,000 to disguise in exchange for US dollars,” Odumosu said.
He disclosed that two members of the syndicate arrested – Ya’u Muhammed ‘M’, 65 years old, from Bauchi State, Warji LGA and Lamido Usman ‘M’ age 29yrs, from Taraba state La’u LGA – were found in possession of a total of $15,400 fake US Dollars.
“Other items recovered from the suspects include, one First Bank ATM card, a screwdriver and an original $100 dollar note,” the Corps’ spokesman added.
He said the suspects are currently undergoing preliminary investigation after which they would be handed over alongside the exhibits to NSCDC Nasarawa State Command under whose jurisdiction the arrest took place for further action.