Fake currency gang busted in Dhaka | The Daily Star
12:00 AM, May 03, 2021 / LAST MODIFIED: 06:04 AM, May 03, 2021

Fake currency gang busted in Dhaka

Three arrested with notes worth Tk 46 lakh, equipment

Detective Branch (DB) of police claimed to have arrested three persons yesterday in connection with note forgery from Kamrangichar area of Dhaka.

Of the arrestees, Imam Hossain and Md Pias completed their diploma from the Government Polytechnic College in Barishal. One of them used to work as a network engineer and another as an engineer at a textile mill.  

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They joined hands with the leader of a note forgery gang, Jiban Hossain, to earn some easy money. Jiban used to pay each Tk 22,000 per month apparently.

Mashiur Rahman, deputy commissioner of Gulshan Division of DB police, told The Daily Star police arrested the three from a house in Kamrangirchar, acting on a tip-off.

Police found counterfeit money from under the bed, under the mattress, hidden inside clothes in the closet, and seized around Tk 46 lakh worth of fake notes and counterfeit money-making materials, he said.

The stockpiled equipment was enough to make another Tk 1.5 crore worth of fake notes, said police.   

During interrogation, Jiban told police that he was arrested three years back but coming out of jail, he started making fake notes again, said DC Mashiur.

Police said the group set up the fake note-making factory in Kamrangichar recently. Before, they had a factory in Savar, and from there they distributed fake notes to different districts. 

DC Mashiur said Jiban is an expert in making fake notes and is connected with other gang members. Using the network, Jiban has already spread fake notes. Police are currently trying to estimate how much they spread so far.

The gang was planning to increase the production of counterfeit notes ahead of Eid, he said.   

A case was filed against the arrestees under the Special Powers Act.  

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