Friday, December 1, 2023

EFCC Arrests Three For Producing Fake Dollars, Pound Sterling And Euros In Lagos

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The Economic and Financial Crimes Commission (EFCC) is probing three Nigerians for alleged conspiracy and currency counterfeiting.

The members of the syndicate are Sylvannus Ireka Ifechukwu, Patrick Chima Ibiam and Ajimijere Mathias Adegbenro.

Read Also: Jewellery Forfeited By Diezani Worth A Whopping ₦14.4bn – EFCC Chairman Reveals
They were arrested by the Nigeria Police Force Intelligence Bureau, Obalende, Lagos and handed over to the EFCC for prosecution.The commission spokesman, Wilson Uwujaren in a statement, said the trio are part of a global ring.
Read Also: I Am Prepared To Die For Nigeria – President Buhari
Preliminary inquiry revealed that the suspects, whose operational base is in Brazil, produced fake Dollars, Pound Sterling and Euro.

They source for buyers at strategic locations including hotels, Bureau de Change offices and social gatherings within Lagos.
Uwujaren disclosed that incriminating materials were recovered from them. The accused persons will be charged to court after conclusion of full investigation.

Photo Credit: Getty

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