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Gang involved in fake currency notes business bustedBreaking

May 09, 2023

Police arrested two criminals involved in the counterfeit currency business and a drug dealer during multiple operations and recovered more than 1.5 million counterfeit currency notes and drugs from three suspects on Tuesday in Lahore. According to media reports, the Police officials said that the arrested suspects, Osman and Maqsood, were infamous for producing counterfeit currency notes and they used to sell these notes in Lahore and various other districts of the country. The recovered counterfeit notes are worth of more than Rs1.5 million. In another operation, drug dealer Farman was arrested, resulting in the seizure of more than one kilogram of drugs. The suspect was apprehended near the Working Women Hostel.

Last month, two suspects arrested by the Special Investigation Unit (SIU) have made startling revelations about the fake currency business in Karachi. During the investigation, the suspects revealed that a gang is running a fake currency business in Karachi. The arrested men also gave the names of 21 accomplices working in the gang. The arrested men were identified as Imran and Shaheedullah revealed that the gang members were printing fake currencies of different countries including US dollars, Saudi Riyals, British Pounds and UAE Dirhams.

They further revealed that the buying and selling of fake currency notes have also been done through social media platforms. The accused also unveiled that some women were also included in the group while public transport was being used for the delivery of fake currency notes. The accused was caught selling fake notes worth Rs 100,000 for Rs 35,000 in Karachi. After the sensational revelations, the Special Investigation Unit of the police accelerated the investigation.

Credit: Independent News Pakistan: INP