Fake currency with Rs 92.18 Cr face value seized in 2020-21, highest since 2017
National Crime Records Bureau (NCRB) has revealed that fake currency with a face value of Rs 92.18 crore was seized in 2020.
This is 30.4% more than in 2017. Law enforcement authorities seized fake currency with a face value of Rs 28.10 crores in 2017
As per RBI, the value of counterfeit notes detected in the banking system has reduced from Rs 43.47 crores in 2016-17 to Rs 8.26 crores in 2021-22. In 2020, Rs 5.45 crores were detected by the RBI in the banking system.
Related Posts
US : 43-Year-Old Chinese National Guilty Of Selling Fake Apple Devices Worth $1.1mn
A Chinese citizen, living in the United States was convicted of participating in...
Lafayette Hill man charged for smuggling goods into U.S., pirating movies, TV shows
A Lafayette Hill man has been charged by indictment for smuggling goods into the...
Customs officers seize $57 million in counterfeit designer watches
LOUISVILLE, Ky. (WTVQ/Press Release) – U.S. Customs and Border Protection...
Smuggling of gold, cigarettes, liquor surges amid COVID.
New Delhi: Gold, cigarettes and liquor were among high tax items which topped the...