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NSCDC confirms arrests of fake dollar syndicate

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The Commandant General’s Special Intelligence Squad of the National Security and Civil Defense Corps, NSCDC, has arrested two suspects involved in the printing, sales and distribution of fake US dollar notes.

The arrested suspects are Ya’u Muhammed, 65, from Warji LGA of Bauchi State and Lamido Usman, 29, from La’y LGA of Taraba State.

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It was gathered that the syndicate have been operating for about 10 years at the Mararaba Under Bridge area, by HEART PLAZA, Karu Local Government Area of Nasarawa State before luck ran out of them.

NSCDC Director of Public Relations, Olusola Odumosu disclosed this in a statement made available to newsmen in Abuja. Also, the suspects have swindled and defrauded many individuals of millions of naira under the guise of being black market operators.

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Furthermore, they were reportedly exchanging Nigerian naira for US dollars thereby issuing fake dollar notes to their unsuspecting victims.

But through a clandestine raid, the suspects were smoked out of their hideout and subsequently arrested using the sum of N250,000 in exchange for US dollars.

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Items recovered from the arrested duo who are members of a syndicate are fake $15, 400, one First Bank ATM card, one screwdriver and an original $100 dollar note.

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