EFCC Smashes Fake Currency Syndicate

Warns Nigerians

The Economic and Financial Crimes Commission (EFCC) has arrested members of a syndicate who specialize in counterfeiting foreign currencies, especially the dollar, for sale to unsuspecting members of the public.

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Acting on verified intelligence, the Commission in a joint operation with operatives of the National Drug Law Enforcement Agency, NDLEA, arrested four members of the syndicate.

The arrest was carried out on Wednesday, December 8, 2021 at Swiss Pearl Continental Hotel, Koforidua Street, in the Wuse 2 Area of Abuja.

The suspects were found in possession of $427,400
fake United States Dollars.