Get Latest Tori News Alert!
Enter your email below.

Delivered by FeedBurner





Hot Stories
Recent Stories

EFCC Arrests Suspected Fraudsters With Fake N45million

Posted by Victor on Sat 11th Jan, 2020 - tori.ng

Two suspects have been arrested after the EFCC busted them with fake nairas amounting to about N45million.

 

Operatives of the Abuja zonal office of the Economic and Financial Crimes Commission have arrested two suspected fraudsters, Badamasi Sule and Muhammad Muhammad, for being in possession of counterfeit naira notes totaling N45million.

They were arrested in December 2019, following actionable intelligence report which exposed a syndicate of fraudsters who specialized in printing fake N1,000 notes.

The suspects  were also found to be in possession of fake $100 bills.

According to a statement in Abuja on Friday, by the EFCC spokesman, Wilson Uwujaren, investigations revealed that the fake N1,000 notes in two ’Ghana-must-go bags’ in their possession were to be put into circulation.

”Their primary targets are bureaux de change operators and unsuspecting members of the public, ” it noted

The syndicate was 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.



Top Stories
Popular Stories


Stories from this Category
Recent Stories