Fake currency flood Eid markets

10 held in Dhaka, 5 in Chattogram, 2 in Naogaon

At least ten members of gang of currency counterfeiters were arrested by DB police from city's Kadamtali area and recovered huge fake currency notes on Friday. This photo was taken from DMP media centre.
At least ten members of gang of currency counterfeiters were arrested by DB police from city's Kadamtali area and recovered huge fake currency notes on Friday. This photo was taken from DMP media centre.
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Md Joynal Abedin Khan :
At least 50 fake currency- manufacturing gangs are deceiving people targeting shopping malls transaction ahead of Eid-ul-Fitr in the capital, detective sources said.
Eid is the best opportune moment for circulating fake notes as a huge number of people hardly check each and every note they handle, especially in the shoping malls, they said.
According to them, these gangs led by expert money minting masters have been undertaking three different strategies to counterfeit the currencies.
In the first process, the counterfeiters wash the existing notes of Tk 100 and Tk 500 using chemicals and modern technologies and then print them with a higher denomination.
In the second process, the syndicates import high quality inks and papers from abroad and print them with marks of normal notes of Tk 500 and Tk 1000.
And the third process is the typical one of forging notes, where local ingredients like sub-standard inks and papers are used to produce fresh counterfeit notes.
In the latest drive, detectives detained at least 10
members of a gang of currency counterfeiters from different areas in Dhaka, said Sumon Kanti Chowdhury, Assistant Commissioner (media) of Dhaka Metropolitan Police (DMP).
Printed fake notes worth Taka 1 crore, raw materials, equipment and accessories for making fake currency have been recovered from the detainees, the police official said.
In Khulna, centering the upcoming Eid-ul-Fitr, counterfeit currency racketeers are also active in Khulna-Jessore region, reports our local correspondent.
They are spreading fake notes to kitchen markets, makeshift markets shopping malls, bus, launch and train stations. As a result, buyers and sellers are being cheated.
An Additional Deputy Police Commissioner (Detective Branch) of Khulna Metropolitan Police (KMP) Mohammad Kamrul Islam said the members of detective branch are keeping vigilance to the fake currency racketeers’ syndicate so that they could not succeed in their unfair means.
In Chattogram, detectives arrested five persons with Tk 5 lakh from the port city’s City Gate area on Tuesday.
In Naogaon, detectives arrested two alleged fake currency traders along with counterfeit notes worth around Tk 83,000 from Badalgachhi upazila on Thursday night.
The detainees are identified as Hasan Ali Chowdhury, 38, son of late Shahidul Islam of Srirampur village in Badalgachhi upazila and Siddique Mandol, 31, son of late Yousuf Ali of Akkelpur upazila in Joypurhat district.
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