As per reports two suspects arrested by the Special Investigation Unit (SIU) disclosed about the fake currency trade in Karachi.
During the investigation, the suspect revealed that the gang was running a fake currency business in Karachi. The arrested persons also named 21 accomplices who worked in this gang.
The arrested people were identified as Imran and Shahidullah. They revealed that counterfeit notes are circulating throughout the metropolis, with members of a gang printing counterfeit currencies of various countries, including the US dollar, Saudi Riyal, British pound and UAE dirham.
The accused also mentioned a fake currency manufacturer named Faizara from Peshawar and said: fake currencies were sold in the cities of Malir, Sarjani, Kalangi, Najmabad North and Riyali in Karachi.
He also revealed that fake banknotes are also bought and sold through social networks.
Accused also revealed that some women were also present in the group while handing over fake notes from public vehicles, selling fake notes worth Rs.
After sensational revelations, the Special Investigation Team of the police hastened the investigation.
In 2022, the police crack down on gangs in Lahore. It is said that this gang was circulating fake banknotes in different parts of the country.
The officers of Ghalib Bazar police station arrested four suspects for allegedly distributing fake currency notes in Lahore. Authorities also discovered counterfeit bills worth millions of dollars.
Police say the suspects are adept at printing fake Rs 1,000 and Rs 5,000 notes, which are difficult to trace.
Police said the suspect was associated with the printing department. They added that the suspect had printed a large number of counterfeit notes.
