NSCDC uncovers fake dollars syndicate, recovers $15,400

The Nigeria Security and Civil Defence Corps (NSCDC), says that based on credible intelligence, they had uncovered syndicates in Abuja that specialise in the printing, sale and distribution of fake dollars and had recovered $15,400 in fake notes.

DCC Olusola Odumosu, Director of Public Relations NSCDC NHQ Abuja, disclosed this in a statement in Abuja.

“Acting on credible intelligence, the Commandant General’s Special Intelligence Squad (CG’s SIS) smashed a notorious fake dollars syndicate that specialises in printing, sales and distribution of fake US Dollar notes.

“According to intelligence reports, the syndicate have been operating for the past ten (10) years around Mararaba under the bridge, by HEART PLAZA, Karu Local Government district of Nasarawa State before luck ran out of them, he said.

Odumose said the report also revealed that the syndicates had 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.

He revealed that the operation was 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.

“Two members of the syndicate arrested were found in possession of a total of $15,400 fake US Dollars, they are Ya’u Muhammed ‘M’, 65 years old, from Bauchi State, Warji LGA and Lamido Usman ‘M’ age 29yrs, from Taraba state La’u LGA.

” Other items recovered from the suspects includes One First Bank ATM card, One screwdriver and an original $100 dollar note.

The Director further revealed that the suspects were 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.