Thursday, 4 August 2016

Police Alert Public over Fake Currency Traffickers

By Anyanwu D.C.

Ahiazu Mbaise Divisional Police Officer (DPO), Superintendent of Police (SP) Danjuma Ragga has sent a warning signal to the public to be on red alert against the activities of fake currency traffickers.

He sent the signal when 3 female suspects - Ndidiamaka Duru, 26 years of Umueze I Ehime Mbano LGA,  Chioma Edoziem, 18 years of Mpam Ekwerazu, Ahiazu Mbaise LGA both with under 1 year old female babies as well as Onyinyechi Iwuanyanwu, 19 years of age and heavily pregnant of Umuakwa Ekwere LGA, Rivers State were arrested at Eke Ahiara Junction, Ahiazu Mbaise LGA, recently with several N1,000.00 serially numbered counterfeit currency notes.
The DPO enjoined the public to be wary of fraudsters looking pitable but are mischievous and dangerous in character, pointing out that their targets are mostly petty traders and local farmers who carry their produce to market for sale.
SP Danjuma vowed that the division would not rest its oars until it smashes all the syndicates and cautioned those who live by the illicit deal to change business now and invest in something meaningful or face the full wrath of the law.
He said genuine Naira notes are protected by a number of security features to enable recognition by touch and visibility.
Some of the features he outlined as raised print, security watermark and thread which appears broken but not when held against the light and has "CBN" in small lettering printed on both sides of the notes.
He further remarked that the notes are also protected against photocopying just as the black serial number turns green under ultraviolet light.
Continuing, the DPO explained that the currency notes in Nigeria: N5, N10, N20, N50, N1OO, N200, N500 and N1,000 denominations are all of the same size, 151 × 78 mm with special paper and specific constituents which are unique to the bank notes to give it a long span of circulation.
He maintained that the specific features give distinctive appearance, feel and protection from imitation, calling on government agencies, traditional rulers, community and religious bodies to intensify awareness campaign against counterfeit currency trafficking to minimize prey on unsuspecting public who fall cheap to the fraudsters.
When interviewed, the suspects who pleaded for leniency said a man (name withheld) in Owerri, Imo state capital handed them the fake currency notes to spend and take 20% of each N1,000.00 expended and return 80% balance of genuine currency notes.
Meanwhile, efforts are on top gear by the police to nab the ring leaders of the counterfeit currency traffickers and smash the syndicate.
Ahiazu Mbaise Divisional police Officer (DPO) Mr. Danjuma Ragga appeals to the public to assist the police with useful information on the activities of the miscreants, promising confidentiality of reports and commitment to free the society of bad elements.



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