A syndicate which specializes in Printing fake foreign and local currencies has been smashed by the Department of State Security Service in Kogi State.
Mr Mike Fabura (The State Director of the SSS) said the command swung into action, upon the reported cases of fake currency circulating in the state,adding that deep cover operations led to the arrest of the suspects.
According to him, one of the guys had gone to deposit fake N40,000 in an old generation bank in Lokoja which led to the arrest of others He disclosed further that the sum of N400,000 in N100 bills and some American dollars were recovered by the department.
Fubara therefore enjoined members of the public to be careful while carrying out transactions,so as not to fall victims of the fraudsters, urging then not to hesitate in intimating security agencies,of any suspected fake currency transaction.
In a brief interview with newsmen,one of the kingpins named, Dada, a Geology graduate of University of Ado Ekiti, said he was lured into the business by a Lagos-based woman known as Iya-Beji.
The 31-year-old man who graduated in 20007 said that he met the woman in Abuja while he was a cab driver, stressing that the said woman promised to help him facilitate and finance his NGO project which made him to cave in. He added that she promised to assist him,if he delivered the fake currency to one Abdul in Suleija,in Niger State,for onward delivery for an agent in Maiduguri,Borno State.