Police Intensify Efforts to Combat Counterfeit Currency Ahead of Eid

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Dhaka: Police have enhanced raids to face note counterfeiters across the country as the gang is trying to be active to circulate fake currencies before the holy Eid-ul-Fitr, law enforcers said.

According to Bangladesh Sangbad Sangstha, Dhaka Metropolitan Police (DMP) has already taken stringent steps to catch currency fakers as they are seen to be active before Eid when shopping gains momentum all over the country. DMP Deputy Commissioner (media) Muhammad Talebur Rahman stated that the law enforcers have already arrested three members of a counterfeit currency gang during a raid in Old Dhaka's Kamrangirchar area on Thursday. The arrested individuals, identified as Suman, Sultana, and Hanif Gazi, have confessed to their involvement with various identical gangs.

During the primary interrogation, the arrestees revealed their involvement in issuing a large quantity of counterfeit notes ahead of Eid. Following their confession, the court has placed the trio on a two-day remand. Additionally, police seized fake currencies and equipment worth about Tk 20 lakh during another raid in Siddhirgang of Narayanganj district on the outskirts of Dhaka.

The individuals admitted to producing various types of fake notes for a long time and selling them in different districts of Bangladesh, including the capital, to make illegal profits. Security agencies noted that while fake notes are manufactured throughout the year, their circulation increases before the Eid festivals due to heightened shopping activities.

However, the police official noted that due to strict surveillance, gang members are being apprehended. He mentioned that many individuals are under surveillance, particularly those involved in producing fake notes of Tk 500 and Tk 1,000 denominations during the Eid shopping spree.

The counterfeiters easily produce fake notes with minimal investment, using basic equipment such as a laptop, a color printer, specific paper, chemicals, and other materials. Despite these challenges, police are actively working to counter the activities of the note forging gangs, as stated by Talebur.