With Eid approaching, people all over the country are withdrawing money from banks and ATM booths. Generally, the validity of notes issued from banks and booths are ensured. While there has not been any definite proof, we have heard of some claims of ATM booths issuing counterfeit money. But the problem with booths is that without a bank official present, it might be
fake note
Fake note den busted, 4 held
Detectives yesterday arrested four members of a ring counterfeiting bank bills, seized notes worth Tk 24 lakh and busted their mini-factory in the capital’s Uttara.
The detainees are Mominur Rashid Babu alias Driver Babu, 25, Mohammad Rubel alias Chashma Rubel, 28, Mohammad Shaheen Miah, 24, and
3 held with fake currency in city
Three members of a gang involved in making and marketing fake bank notes were arrested by detectives early yesterday from the capital’s Jatrabari with fake Bangladeshi currencies worth Tk 2.05 lakh.
The detainees — Mehedi Hasan alias Samir, 38, his wife Shirin Akhter, 32, and their associate Sohel Elahi alias Apel, 26 — confessed that they had been doing the wholesale business of fake notes
Spread of fake currencies worries traders, shoppers
Organised gangs are spreading counterfeit local currencies in the market taking advantage of the buying spree ahead of the Eid, causing worries among economists, businessmen and shoppers as well.
Spread of forged currency notes in the capital and in other parts of the country is not only affecting customers and businessmen, it will also have a crippling impact on the economy if
Dozen fake taka makers active
Gangs find time before Eid ideal for offloading forged currencies
At least a dozen of forger gangs are active across the country and using the shopping rush of Eid-ul Fitr to spread fake notes in the market, say detectives.
The gangs use computer technology and chemicals for making fake notes of Tk 50, 100, 500 and 1,000 denominations, said police sources, adding that the counterfeiters usually use their
BB asks banks to take measures against fake notes
Bangladesh Bank on Sunday asked commercial banks to take necessary measures against fake currencies so that the counterfeiters cannot operate ahead of Eid-ul-Fitr.
The BB issued a circular to managing directors and chief executive officers of all commercial banks asking them to guard against counterfeit notes as significant amount of money would be