Bundles Of Fake U.S. Dollars Seized At Abuja Hotel As EFCC, NDLEA Bust Syndicate

A syndicate specialized in counterfeiting United States dollars has been busted in Abuja, Nigeria’s federal capital.

The fake currency syndicate was apprehended with $427,400 (N175,661,400) during a joint operation by the Economic and Financial Crimes Commission (EFCC) and the National Drug Law Enforcement Agency (NDLEA).

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According to the EFCC, the group sells counterfeit foreign currencies to unsuspecting members of the public.

The anti-graft agency said it arrested “four members of the syndicate on Wednesday, December 8, 2021 at Swiss Pearl Continental Hotel, Koforidua Street, in the Wuse 2 Area of Abuja with $427,400 fake United States Dollars.”

The commission shared photos of the fake bundles of USD it recovered on its Facebook page but failed to reveal identities of the arrested suspects.

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