Thursday September 26, 2019
Police in Nairobi have burst a fake currency and gold
ring syndicate confiscating $1 million fakes notes and gold bars.
According to the Daily Nation newspaper,
detectives from the Directorate of Criminal Investigations raided a club in
Nairobi’s Kilimani area where they uncovered the fake notes and 147 gold bars.
A number of suspects including a flamboyant
personality were arrested in the sting operation which is among a growing
number of fake currency syndicates in Nairobi. Vehicles at the compound of Plan
254 Club were carted away by detectives.
Early this month, police collected fake currency notes
amounting to close to $3 million in Nairobi’s Ngong road after they were
dropped from a speeding vehicle.
March 19, police seized fake $20 million in a safety box at Barclays Bank,
Queensway branch in Nairobi.
in Kenya have been fighting the fake currency syndicate as the country gears to
face out 1000 Shilling notes in a week’s time. The Central Bank said it was
forced to take the measures to curb money laundering. It introduced new
currency notes in June with new security features.