logo

Fake money syndicate active in south-western region ahead of Eid

Sunday, 27 July 2014


Currency note forgers have become active in the south-western region, including Khulna, ahead of Eid-ul-Fitr. Taking advantage of the rush of Eid shopping, a syndicate of money forgers is spreading fake notes of different denominations at markets through its agents. A number of traders in Khulna city alleged that fake money traders are supplying the notes at different markets taking advantage of the Eid when people hardly have chance to check each and every note they handle. Some of the traders have already got forged notes, but they remain silent apparently to avoid legal hassles. On July 21, police arrested a man with fake notes of Tk 500 and 1000 denominations at Khalishpur. Sources concerned said money forging gangs have been running their illegal activities in the south-western districts, including Khulna, for long. The forger gangs are now supplying fake notes of huge value at markets and shopping malls adopting different techniques, they said. A large number of forged note of Tk 100, 500 and 100 denominations are being spread because of their easy transaction. Some unscrupulous bank officals, local miscreants and some corrupt public representative are alleged to be involved with the syndicates, according to UNB.