Operatives of the Ondo State Police Command have smashed a suspected counterfeit currency printing operation in Kiniso village, Ajue, within the Odigbo Local Government Area of the state.
One suspect was arrested by the operatives with three bags of suspected counterfeit United States dollar notes recovered.
While disclosing the operation, the Police Public Relations Officer within the state, Abayomi Jimoh, harassed that the operation was carried out following a grievance lodged by one Yusuf Nasiru of Sabo, Okitipupa.
According to the police spokesperson, the complainant reported that two males, recognized as Peter Desmond and Olami Toro, each residents of Ode-Irele, had approached him at his store inquiring about exchanging United States {dollars} for his or her naira equal.
He mentioned, “The complainant said that he handed over the sum of $6,000, valued at roughly N8,600,000, to the lads.
“However, whereas ready to obtain the naira equal, the suspects allegedly returned the {dollars} to him, claiming they didn’t have ample funds to finish the transaction, and subsequently left.
“The complainant later found, upon nearer examination, that the dollar notes returned to him had been counterfeit, prompting him to report the incident to the police.”
