Wednesday, March 30, 2016

Guinea Police Bust Counterfeit Currency Ring

The US introduced new security features in 2013 on the US$100 bill making it harder to forge Getty Images

Guinea police have raided premises in different parts of the country where counterfeit currency was being made, confiscating large amounts of fake local and foreign currency.

BBC Africa Live report continues:

The first raid took place in N'zérékoré, a town to the south of the capital, Conakry.

A Guinean woman was arrested as the alleged head of the counterfeit ring there and the police say some of her accomplices include Nigerians and Malians.

The police also swooped on the town of Forecariah, on the border with Sierra Leone, where tens of thousands of fake US dollars were discovered, along with counterfeit euro notes.
The police discovered that local traders and foreign exchange bureaus were happy to accept the notes, unaware that they were fake.

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