The Ondo State Police Command has arrested one suspect and recovered three bags of suspected counterfeit United States dollar notes during a raid on an alleged fake currency operation in Odigbo Local Government Area.
The operation took place in Kiniso village, Ajue, following a complaint by a man identified as Yusuf Nasiru from Sabo, Okitipupa.
The Police Public Relations Officer, Abayomi Jimoh, said the complainant reported that two men, identified as Peter Desmond and Olami Toro, approached him at his shop to exchange dollars for their naira equivalent.
Nasiru reportedly handed over $6,000, estimated at N8.6 million, to the men.
However, the suspects allegedly returned the dollar notes, claiming they did not have enough money to complete the transaction, before leaving.
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The complainant later discovered that the returned dollar notes were counterfeit and reported the incident to the police.
Following the complaint, police operatives launched an investigation that led to the suspected counterfeit currency operation in Kiniso village.
One suspect was arrested during the operation, while three bags of suspected fake dollar notes were recovered.
The police have yet to disclose further details about the arrested suspect and the ongoing investigation.
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