Vizianagaram: Counterfeit currency racket busted, six arrested
Vizianagaram: Police on Tuesday busted a counterfeit currency racket and arrested six persons here. According to Superintendent of Police B Rajakumari, a former employee in Indian Navy and his close friends had generated fake currency notes on photocopying machines in Vizianagaram city. The gang had learnt printing fake currency notes from YouTube video.
The police, the SP said, had seized counterfeit currency notes with a face value of Rs 31 lakh and genuine currency notes worth of Rs 1.6 lakh from the arrested. K Ramu of Akkivaram village under Denkada mandal retired from Navy and formed a group of persons for printing counterfeit currency. The gang, in fact, had printed fake notes and even offered some of them to their friends and relatives. The gang’ bid to purchase sheep at a weekly market at Savaravilli village under Bhogapuram manda by using fake currency to pay proved to be its nemesis, the police said.
Related Posts
Woman jailed for smuggling 3m illicit cigarettes into UK
A London woman who smuggled three million illicit cigarettes into the UK using...
More than 1,000 containers of illicit alcohol seized at border
More than 1,000 containers of illicit alcohol have been seized at the...
Counterfeit goods easily available, but not always easy to spot
As the world has grown smaller, more and more foreign-made goods are hitting our...
Vizianagaram: Counterfeit currency racket busted, six arrested
Vizianagaram: Police on Tuesday busted a counterfeit currency racket and arrested...