New Delhi: Delhi Police on Saturday said they have cracked an "international cartel" of drugs and fake currency dealers, arresting seven Nigerians and a Burmese woman. "The arrested include a Nigerian couple and a pastor, along with four other Nigerians and a Myanmarese woman," said Sanjeev Yadav, deputy commissioner of police (Special Cell).
The group was also involved in human trafficking using fake passports, Yadav said. Police recovered 1.450 kg of party drug methaquolone, 2.5 grams of cocaine, fake currency with a face value of U$10,000, and Rs.15,000.
They also recovered 19 passports, including a fake Indian one and seven blank Ghana passports, 15 mobile phones and 35 SIM cards, among other articles. The arrested are Olatide Morrison, 55, his wife Deborah, 47, Myanmarese national Lal Chhan Chhuahi, 29, Nelson, 31, Chima Nakappa, 29, Elozie, 60, and Steve, 36.
"They were apprehended following investigations into an input provided by a central intelligence agency that a group consisting of foreigners is involved in trafficking of drugs in and out of India," Yadav said. "It was also informed that this group has incorporated and registered several companies in India on fictitious and bogus documents to facilitate transfer of money earned through drug trafficking," he said....
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05:10 AM, Apr 28, 2013
Kolkata: Sex workers of Kolkata's largest red-light area are being given training by an NGO to identify fake currency notes to prevent them from being duped by some clients. The training programme conducted by Durbar Mahila Samanaya Committee, an NGO working for the sex workers, is the same as that given to visually challenged persons who learn to distinguish between genuine and counterfeit notes through touch and from hearing the...
12:48 PM, Apr 14, 2013
With the arrest of four persons, including steno of a Supreme Court lawyer, local police on Tuesday claimed to have busted a racket involved in printing and circulation of counterfeit currencies here. Police, who were on the trail of the accused for some time, seized fake currency with a face value of Rs 1.75 lakh, packed in 8 plastic bags from them when they arrived near a hotel in Lokmanya...
01:44 AM, Mar 27, 2013
A Finance Ministry report has come out with shocking details about terror funding just a few days after the Hyderabad bomb blasts. According to the report terror funding has gone up by 300 per cent in the last one year while cases of hawala transaction and fake currency notes have also increased manifold. ...
02:00 PM, Feb 25, 2013
The Reserve Bank on Thursday said it is in talks with the government to amend the relevant laws to ensure that persons generating fake currency are punished and not those who possess such notes innocently. ...
01:26 AM, Feb 08, 2013
Mumbai: A Bengali film actor, who was suspected to be a part of the international fake currency racket, has been arrested from West Bengal, police said on Wednesday. Babloo Shaikh had been arrested from Malda of West Bengal on Tuesday, a crime branch official said. Shaikh, who hails from West Bengal, was on Wednesday produced before a local court which remanded him to police custody till Thursday. On October 4,...
09:18 PM, Nov 07, 2012
Ahmedabad: A racket of fake currency circulation, allegedly being run from Pakistan and Dubai via Bangladesh, was busted by the Gujarat Police on Wednesday with a seizure of counterfeit notes with a face value of Rs 26.18 lakh, police said. The notes were in the denomination of Rs 500 and 1,000, a senior police official said, adding that 14 persons, including a woman, were arrested. The arrests were made across...
05:04 AM, Sep 13, 2012
New Delhi: Delhi Police on Saturday claimed to have smashed a fake currency racket here after arresting six persons, including four women, allegedly with counterfeit notes having a face value of Rs 1.92 lakh. The arrested have been identified as Ayub Miyan (33), Shrikant (23), Sabira Khatoon (30), Munni Khatoon (30), Noor Nisa (26) and Asma Khatoon (40), all residents of Bihar. The arrests came after police received an input...
10:09 PM, Sep 08, 2012
Hyderabad: Task Force sleuths on Monday arrested three persons, including a former reporter, for involvement in a fake currency note racket. The trio planned to lure innocent people to exchange their genuine currency notes with fake notes in the ratio of 1:3. Police seized fake currency notes in 500-rupee denomination purported to be of the value of Rs 2 lakh. The accused are G Anji Reddy (27), real estate businessman...
12:44 PM, Jul 24, 2012
New Delhi: Seeking to spread awareness among public about fake notes, the Reserve Bank has launched a website explaining ways to detect counterfeit notes. With a tagline 'Pehchano Paise Ki Boli, Kyunki Paisa Bolta Hai', the website - www.paisaboltahai.rbi.org.in - gives visual presentation with pointers on currency notes of 10, 20, 50, 100, 500 and 1,000 rupee denominations. Consumers have the option to download posters of these currency notes, which...
10:29 AM, Jul 08, 2012
New Delhi: India is planning to seek technological cooperation of the US to check the flow of fake Indian currency notes the way Washington does to put a stop of circulation of counterfeit USD. Impressed by the American technology, which has a database of each counterfeit US dollar - photograph, from where it originated, its route of travel and people behind its circulation - India is all set to ask...
09:06 PM, Jun 03, 2012
New Delhi: The Delhi Police has told a court that a consignment of fake currency notes with a face value of over Rs 1.18 crore, seized by it in January, had been sent from Pakistan at the behest of its intelligence agency and banned terror outfit Lashkar-e-Taiba (LeT) to destabilise the Indian economy. The police made this claim in its charge sheet, filed in the court of Chief Metropolitan Magistrate...
02:30 PM, Apr 15, 2012
New Delhi: In a major seizure, the Delhi Police on Thursday seized fake currency worth Rs 6 crore. According to the police, this is the biggest fake currency haul to have happened in Delhi. The seizure of the counterfeit notes concealed in 33 cloth bundles and loaded in two tempos in a godown in Dabri area came following investigations spread over 10 days by several policemen. This single seizure almost...
05:45 PM, Jan 12, 2012
New Delhi: In nationwide raids, NIA has arrested 14 people and smashed an international racket which involved in the smuggling and distribution of fake Indian currency notes being supplied by Pakistani agents through the porous Indo-Bangla and Indo-Nepal borders. According to a NIA spokesperson, there was information that few individuals belonging to Malda of West Bengal were engaged in organised smuggling and circulation of high quality and high value fakes...
09:09 PM, Jan 10, 2012
Hyderabad: The National Investigation Agency (NIA) on Saturday busted a multi-crore fake currency racket being run in Hyderabad and arrested four people in connection with the case. Fake cash worth Rs 27,000 was recovered from the spot. The NIA conducted raids acting on a tip-off from an arrested gang leader in Kolkata. Sources in the agency said that those arrested were operating a nation-wide network and smuggled large sums in...
08:03 AM, Jan 08, 2012
Panaji: Election Commission of India has asked central forces to guard the borders of Goa to prevent smuggling in of fake currency ahead of the March 3 assembly polls in the state. Joint Chief Electoral Officer Narayan Navti said here today that Border Security Force and special forces will be deployed to watch state's borders. "(Ahead of the election) there is a possibility that fake notes might be smuggled into...
06:34 PM, Jan 06, 2012
Hoshangabad: Finance Minister Pranab Mukharjee said on Saturday the challenge of terrorism from across the border was not confined to danger of loss of life but a threat to the economy due to fake currency being smuggled into India. He was in Bhopal to lay the foundation stone of a new bank note paper unit at the ordnance factory in Hoshangabad district in Madhya Pradesh. "The government has met with...
12:24 AM, Dec 18, 2011
Mumbai: Flagging the issue of the rising menace of counterfeit currency, as majority of banks are failing in effective detection, the Reserve Bank on Tuesday said urgent steps will be taken to sensitise those within the system on the issue. "When we looked at the data of detection, it was very skewed across banks. There were only one or two banks which were reporting this which means that a lot...
01:28 AM, Oct 26, 2011
Thiruvananthapuram: Days after CNN-IBN highlighted new routes favoured by fake currency smugglers, a major counterfeit currency racket has been busted in Thiruvananthapuram. The Thiruvananthapuram rural police have busted the racket which has roots across Kerala and other southern states. As many as eight people were arrested from Malda district in West Bengal in connection with the racket. Fake Indian currency amounting to Rs 2.19 lakh rupees were seized by the...
06:34 PM, Oct 24, 2011
New Delhi: A few days after news came in of the arrest of Iqbal Mirchi, Dawood Ibrahim's right-hand man in London, a CNN-IBN's exclusive report has exposed the latest modus operandi and routes to push fake currency to India. A detailed intelligence report shows how Hyderabad is emerging as the latest transit hub for fake currency. Dawood's key men - Aftab Bhakti and Babu Gaithan- are believed to be running...
06:30 PM, Oct 17, 2011
