The Special Intelligence Squad of the Commandant General, Nigeria Security and Civil Defence Corps (NSCDC), has smashed a notorious fake dollars syndicate which specialises in printing, sales and distribution of fake United States Dollar notes.
Director, Public Relations at the NSCDC headquarters, Olusola Odumosu, who made this known today, November 14 in Abuja, said that the syndicate had been operating for the past 10 years around ‘Heart Plaza,’ Mararaba under bridge in Karu Local Government Area of Nasarawa State before luck ran out on them.
The report sai that members of the Syndicate had swindled many individuals of millions of Naira under the guise of being black market operators exchanging Nigerian Naira to US Dollars, thereby issuing fake dollar notes to the unsuspecting victims.
The suspects were smoked out of their hideout in a sting operation by the security agents, which saw personnel trying to exchange the sum of N250,000 for US dollars. “Two members of the syndicate arrested were found in possession of a total of $15,400 fake US Dollars.
They are 65 years old Ya’u Muhammed, from Warji LGA, Bauchi State and 29 years old Lamido Usman from La’u LGA in Taraba state.
Other items recovered from the suspects include one First Bank ATM card, one screw driver and original $100 dollar note.
The suspects are currrently undergoing preliminary investigation after which they would be handed over alongside the exhibits to NSCDC Nasarawa State Command under whose jurisdiction the arrest took place, for further action,” Odumosu said.