Fake Indian Currency Notes Menace

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Prime accused, SPO arrested in J&K fake currency racket

Updated on Thursday, August 27, 2009, 12:45 IST Tags:SPO, J&K, fake, currency, racket

Jammu: The prime accused in a fake currency racket was arrested along with a special police officer (SPO) during a raid in Poonch district of Jammu and Kashmir, police said.


Acting on the disclosures made by arrested Territorial Army (TA) jawans-- Mohammad Inayat Hussain and Mohammad Aslam, who were found to be in possession of fake currency with a face value of Rs 1.70 lakh-- police conducted raids in the district yesterday.

They nabbed SPO Ziauddin and prime accused Nizamuddin and recovered counterfeit notes with a face value of Rs 17,000 from them.

According to the police, fake currency with a face value of Rs 5 lakh was sent by top Hizbul Mujahideen (HM) commander Abu Atif from Pakistan-occupied Kashmir (PoK) to Poonch through a militant courier and guide Bashir Ahmed on the intervening night of August 11-12, they said.

The TA jawans told police that the counterfeit notes were given to them by army officials for its conversion in the market at 30 per cent commission, they said.

Prime accused, SPO arrested in J&K fake currency racket
 

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One held with gold, fake currency

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Share Print E-mail Comment[ - ] Text [ + ]STAFF WRITER 11:57 HRS IST
Jammu, Aug 27 (PTI) One person was arrested in Satwari area of Jammu city and gold and fake currency were recovered from his possession, police said.

On a tip off, police intercepted a vehicle in Satwari area last night and recovered gold ornaments worth Rs five lakh besides, fake currency of face value Rs three thousand from Shiva Verma, a resident of Uttar Pradesh, they said, adding he was later arrested.

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Inter-state fake currency racket busted in Hyderabad
PTI 29 August 2009, 08:43pm IST


HYDERABAD: West Godavari district Police in Andhra Pradesh on Saturday claimed to have busted a counterfeit currency racket with the arrest of seven members of a inter-state gang and seized fake currency notes, with a face value of Rs 19 lakh from their possession.

A police team nabbed seven members of the gang including prime accused V Satyanarayana Reddy, three persons of West Bengal and two from Bihar at Goshpadhaksheatram in Kovvur of West Godavari yesterday, district superintendent of police Balakrishna said.

The fake notes, all in the denomination of Rs 500, were seized from them while they were trying to exchange it, he said adding "it is reliably learnt that the fake currency was procured through the border at West Bengal and Nepal and seems to be made in Pakistan."

A comprehensive investigation is launched to unearth the racket of counterfeit currency in Andhra Pradesh, he said.

The accused were identified as Md Ameer Hussian, Mubarak Hussian and A Ameer from Malda District in West Bengal, Kameswara Rao of East Godavari district, Vicky Sharaff and Pawan Sharaff from Patna, he added.

Further investigations were on.

Inter-state fake currency racket busted in Hyderabad - Hyderabad - City - NEWS - The Times of India
 

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Pak national arrested with Indian rupees from Nepal airport


Updated on Saturday, August 29, 2009, 22:09 IST Tags:pak national arrested, Nepal airport

Kathmandu: A Pakistani national has been arrested from Nepal's international airport today for illegal possession of 2.3 million Indian rupees.


The police arrested Abdul Karim, a Pakistani national during a security check as he landed in the Tribhuvan airport from Qatar Airways illegally carrying India currency in Rs 500 denominations, according to Nepal police spokesman Binod Singh.

The Indian paper notes were found hidden inside a suitcase while conducting security check on the Pakistani national, who boarded in Kathmandu airport on the Qatar Airways plane at 4.30 pm, the police official said.

It is illegal to carry Indian rupees with Rs 500 and 1,000 denominations in Nepal. Whether the paper notes are fake or genuine is yet to be determined.

The police have taken the Pakistani national into custody and further investigation is on.

Bureau Report

Pak national arrested in Nepal airport
 

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Two Nepalese arrested with fake currency in MP

Updated on Sunday, August 30, 2009, 14:35 IST Tags:Nepalese, arrested, fake currency, Madhya Pradesh, MP

Bhopal: Two Nepalese of Indian origin were arrested for allegedly smuggling fake currency into the country, police said on Sunday.

Atiq Ahmed alias AK Shrivastava (42), a resident of Birganj in Nepal and Rajesh Gupta (42) of Khatmandu were arrested with fake currency notes of the face value of Rs 11,000 yesterday following a tip off, Madhya Pradesh Anti-Terrorist Squad (ATS) chief Pawan Shrivastava said.


The accused were later sent in police custody of ten days when produced in a local court, he said.

The accused were engaged in pumping fake currency in India from Nepal and had brought the seized counterfeit notes from one Imran alias Langoor of Birgunj, ATS sources said.

Ahmed, born in Uttar Pradesh, settled in Birgunj in 1997 after marrying a Hindu girl while Gupta had settled in Kathmandu after migrating from Rajasthan, they said.

Both had come to Madhya Pradesh about six times in the past, they said

"Both of them have voters identity cards of Nepal and other documents of the Himalayan nation," MP ATS chief said.

He said that the accused were being grilled to extract information regarding their modus operandi.

Two Nepalese arrested with fake currency in MP
 

natarajan

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lots of fake currency cases,I-G is doing a great job in tracing them:wink:
 

I-G

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lots of fake currency cases,I-G is doing a great job in tracing them:wink:
This fake currency circulation is something similar to a terrorist attack . And whoever are involved in this should be given hard punishments .
 

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ISI agent's son spills beans on Pak, Nepal link to fake notes
Bipin Chandra Agarwal, TNN 31 August 2009, 01:17am IST


BAHRAICH: The arrest of the son of an ISI operative has led to some startling disclosures about the influx of fake Indian currency notes (FICN) via India-Nepal border here. Vikki, son of ISI mastermind in Nepal, Majid Manihar, was arrested while trying to enter India to strike a deal with his contacts in the district.

During interrogation, Vikki revealed that counterfeit currency was printed in Lahore and Karachi from where it is sent to Nepal by cargo and then to India. The entire operation is managed by the ISI through its Nepal-based agent Manihar, Vikki’s father. Police have recovered fake notes and telephones numbers of ISI operatives, and members of Dawood Ibrahim company.

The UP ATS, too, interrogated Vikki, who revealed that after being smuggled into India, fake notes would be sold at 50% of their face value. During interrogation it also came to light that smugglers of fake currency use code words to send their messages. For example, “paanch number ka chappal” (slipper size no. 5) means Rs 500 note, and ‘das number ka chappal’ for Rs 1,000 note.

After his arrest on Saturday, Vikki was produced before a local court from where he has been sent to jail. “We’ll try to seek his remand,” said Bahraich SP Lalji Shukla on Sunday.

Majid Manihar lives in Bhinga town of Shravasti district in Nepa. Initially notorious for selling stolen Indian vehicles in Nepal, he has now switched to more ‘sophisticated’ trade of counterfeit currency after being appointed ISI’s pointsman across the border. According to intelligence sources he works in close coordination with certain employees of the Pakistani embassy in Kathmandu.

Manihar has three criminal cases against him in India. With the arrest of his son, police have stepped up efforts to nab Manihar. “Assistance from the Interpol is being sought for his extradition,” Shukla said.

ISI agent's son spills beans on Pak, Nepal link to fake notes - India - NEWS - The Times of India
 

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Kingpin of inter-state fake currency racket caught

Malda (WB), Aug 31 (PTI) The alleged kingpin of an inter-state fake currency racket was arrested along with three others in the district.

The man identified as Anwar and his three accomplices were caught late last night by police during routine checking of vehicles, Additional Superintendent of Police, Kalyan Mukherjee said.

Fake Indian currency with a face value of Rs 3 lakh were seized from him, he said.

Anwar had been earlier arrested by Maharashtra police from Malda for running the racket but had been released later.

The police officer said Kaliachowk was the main corridor through which counterfeit notes entered India from Bangladesh and were sent to Jharkhand from where they were sent all over the country.
 

F-14

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why dont we just pump FPC's in to pakistan pay them in the same currency
 

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Here comes the Diplomatic BombShell:

Ex-Nepal prince Paras 'linked' to Dawood's fake currency racket

Investigation into the fake currency racket has led to some very startling revelations linking Nepal's former prince Paras to underworld.

The revelations came during the interrogation of two Nepali nationals caught by the Madhya Pradesh ATS, while trying to smuggle in the fake currency notes into India.

The two men named this man, a prominent minister's son Yunus Ansari as the conduit between King Gyanendra's son Paras and India’s most wanted terrorist Dawood Ibrahim, who between them have been pushing crores of fake currency into India.

Reports suggest that Dawood looks at the printing and manufacture of the fake currency, while Paras is responsible for the transit of the money from other countries into Nepal and then it's flow into India.

Paras, the son of the former Nepal king, who has now taken refuge in Singapore, used his influence to ensure the money reached the transit points on the India-Nepal border without any hitch.

Ex-Nepal prince Paras 'linked' to Dawood's fake currency racket - India - NEWS - The Times of India
 

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Two persons arrested with fake currency notes

STAFF WRITER 19:54 HRS IST
Lucknow, Sep 2 (PTI) Two persons were arrested with counterfeit currency worth Rs 59,000 by the Special Task Force in Meerut yesterday, ADG law and order, AK Jain said here today.

Acting on a tip off, the police team arrested Zaheer and Islamuddin, both residents of Meerut with 118 fake notes in the denomination of Rs 500 each, Jain said.

The duo told the police that fake currency was being brought into the country from Pakistan via Nepal by agents and was being circulated through mandis (markets) of Ghaziabad and Delhi.

The duo was involved in this racket since the past two to three years, Jain said.

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Two held with Rs one lakh fake currency in Mumbai

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Mumbai, Sep 4 (PTI) Two persons, hailing from Uttar Pradesh, were today arrested for allegedly possessing fake currency notes of Rs one lakh at Shivaji Nagar in eastern suburbs of the city, police said.

Acting on a tip-off, police laid a trap at Niranjani Nagar, when the two accused identified as Parvesh Khan(26), Ali Hussain Shaikh(24) arrived at the place and recovered 90 notes of Rs 1,000 denomination and 21 notes of 500 denomination, totalling to Rs 1,00,500.

The duo came here to deliver the fake notes, police said adding that further investigation is on to establish if they had brought the notes from Uttar Pradesh.

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Seven persons arrested in UP with fake currency

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Share Print E-mail Comment[ - ] Text [ + ]STAFF WRITER 19:47 HRS IST
Lucknow, Sept 4 (PTI) Seven persons with Rs 47000 in counterfeit currency have been arrested from different places in Uttar Pradesh's Deoria district.

They were arrested yesterday from Piparghati Pulia and Chakia Dhala areas and counterfeit notes in the denomination of 1000 and 500 besides a country made gun, live cartridges, mobile phones and genuine Indian currency worth Rs 23000 were recovered from them, police said.

Those arrested, admitted that two of them used to bring fake currency from Birganj district of Nepal on 30 per cent commission basis and circulate them in Indian markets, they said, adding that the counterfeit notes were brought to Birganj from Kathmandu.

They have told the police that till date they have circulated crores of rupees in various districts of UP adjoining Bihar.

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Fake currency of Rs 12,400 found in SBI
TNN 6 September 2009, 05:26am IST


AMRAVATI: Fake currency of Rs 12,400 was found in the main branch of State Bank of India. The fake currencies were received from different customers of the bank. Chief manager of main branch of SBI, Shrihari Munjekar has lodged a complaint with City Kotwali police station in this regard.

The fake currency consisted of two Rs 1,000 notes, 20 notes of Rs 500 denomination and four notes of Rs 100 denomination. Sources said, the chief manager has handed over the fake currency to the police. The bank authorities have given the name of a marketing agency and four other customers, who they suspect to have given the fake currency to police. Police have registered the offences against relevant section of IPC.

Fake currency of Rs 12,400 found in SBI - Nagpur - City - NEWS - The Times of India
 

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Police seizes fake currency notes, arrests one person

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Malda (WB), Sep 8 (PTI) A man has been arrested here for running a fake currency racket and counterfeit notes with a face value of Rs three lakh recovered from his possession, police said today.

Acting on a specific information, police raided Madhughat area of the district last night and arrested Tufan Sheikh, a resident of Mohadipur area bordering Indo-Bangla border, they said.

Two days back, police had arrested a person from Kulpi area of South 24 Parganas district with fake currency notes.

During interrogation, the arrested person revealed that he had been given the fake notes by Tufan Sheikh, who would be visiting Madhughat area on Monday, they said.

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Smugglers make real smart moves to bring in fakes - dnaindia.com

Lucknow: Young women acting as couriers, ATM cards issued by Nepal-based banks and night bus services between India and Nepal. These are some of the ingenious methods used by traffickers running an organised racket of fake currency notes. The notes printed in Pakistan find their way to India via Nepal.

Uttar Pradesh (UP) Police officers interrogating Nepali national Vicky Manihar, a kingpin of the racket, are startled by his revelations. Vicky, who carried a reward of Rs2,500, was recently arrested by Bahraich Police.

"The racket is much more organised than we initially thought," additional DG of UP Police AK Jain said, adding that Manihar had provided valuable information on the functioning of the racket.

Young, good looking and well-educated women are being used as couriers to transport fake currency across the border to India. These women are picked up from big cities and metros, including Delhi."The girls prove to be good couriers as they do not arouse suspicion," a police officer probing the matter told DNA.

Special Security Bureau, a unique intelligence-cum-commando force deployed on the Indo-Nepal border, recently nabbed two such woman couriers with wads of fake currency. Both belonged to Delhi. A senior officer said the women were being used to carry consignments of fake notes to big cities and tourist destinations such as Agra and Varanasi.

Another smart move the currency traffickers have recently come up with involves the use of ATM debit cards issued by banks in Nepal. These are used to withdraw money from ATMs in border areas of UP and Bihar. Real currency notes of Rs500 and Rs1,000 denominations are then mixed with the fakes. This makes it easier for the operators to foist off fakes to unsuspecting people.

Sources in the State Bank of India (SBI) branch in Lucknow said withdrawals from the bank's ATMs in areas bordering Nepal had risen alarmingly. The manager of the bank's Forbesganj branch in Araria district, 12 km from the Nepal border, recently reported to seniors that withdrawals from the Forbesganj Railway Station ATM had touched Rs60 lakh on some days, astounding for such a remote place.

The manager is learnt to have reported that some people carrying 10 to 12 debit cards issued by Nepal-based banks had been withdrawing huge amounts of cash in India. On days, the branch has had to supply Rs20 lakh thrice to keep the ATM running, he said.

The smugglers have also been making good use of the night bus service between Kathmandu and Nepalganj on the UP-Nepal border to deliver fakes. "We have definite information that bus operators are a part of this network and are paid well for the job," a senior police officer said.

The officer said it was the smart modus operandi that was helping the smugglers transport large consignments of fake notes across the border with impunity. No wonder police and intelligence officials failed to sniff the racket running virtually under their nose.
 

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Fake currency racket busted; Nepal PM promises crackdown- Hindustan Times

Nepalese Prime Minister Madhav Kumar Nepal on Wednesday assured India that he will not allow the smuggling of fake currency notes to India. Speaking to the media, he said that tough action will be taken against those involved in the fake currency racket.

The PM's assurance comes at a time when two Nepalese citizens have been arrested carrying fake notes to the tune of Rs 40,000 in the border town of Raxaul in north Bihar. The accused have been identified as Shyam Kumar Shah and Azad Alam. The notes were reportedly given to them in Nepal's Birganj area.

The 751 km long Indo-Nepal border, is very porous and is allegedly used by Pakistan intelligence agency ISI and underworld don Dawood Ibrahim's aid to smuggle counterfeit currency into India.

The border, which is unmarked and mostly unguarded, is rampantly used for cross-border smuggling of goods and counterfiet currency. The lack of proper security infrastructure further acts as a facilitator to the racket.
 

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BSF arrests Nepalese nationals with fake currency in Bihar

Border guards have arrested two Nepalese with fake currency worth Rs 40,000 in the town of Raxaul, Bihar, near the Indo-Nepal border.

Guards belonging to the Border Security Forces (BSF) arrested Shyam Kumar Shah and Azad Alam with Rs 40,000 in fake Indian Rupee notes in Raxaul on Tuesday.

The two revealed that they had been given the money by a person called Zubaid in the town of Birganj, Nepal just across the border to supply to somebody in Raxaul.

Tuesday's arrest came as Nepal's Prime Minister Madhav Kumar Nepal assured India that Nepalese soil will not be used for smuggling fake Indian currency into India.
 

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The Telegraph - Calcutta (Kolkata) | Nation | Note racket traced to Bangladesh

Raipur, Sept. 10: Probe into a currency racket has led state police to Malda in Bengal and, finally, to Bangladesh.

On Tuesday night, Raipur police arrested one Bhor Jahan, a resident of Malda (Bengal), for trying to circulate fake notes worth Rs 2.09 lakh in the local markets. His Bangladeshi accomplice, however, managed to give police the slip.Police interrogated Jahan yesterday and received information about a possible Bengal-Bangladesh corridor being used to circulate fake notes in the Indian market.

“Based on what Jahan told us, we have evidence to establish that agents are mainly operating from Bangladesh and Bengal,” said Amit Kumar, Raipur superintendent of police, to The Telegraph. A Raipur police team left for Malda, 8km from Bangladesh border, on Tuesday.

Jahan, in his early twenties, said that the Bangladeshi national (whose identity has not been disclosed) was a frequent visitor to Malda. The young man accompanied this man to Raipur on August 19 from Howrah by train “looking for a job”.

The duo stayed at a hotel near the station, where the Bangladeshi national asked Jahan to circulate 10 fake currencies of Rs 1,000 in the local market. The young man was asked to return eight notes of Rs 100 each against one fake note worth Rs 1,000. Jahan was paid Rs 200 daily for his “job”.

Jahan circulated the money among vegetable vendors.

“He bought vegetables with the fake notes and got the balance in real money,” said an investigating officer. The young man later disposed the fresh vegetables in the dustbin. The duo returned to Malda, where Jahan stayed back, while his accomplice travelled to Bangladesh, only to be back with fresh bundles of money. They went to Raipur again on Tuesday.

Officers from the Central Bureau of Investigation and National Investigating Agency are likely to visit Raipur, he added.
 

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