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Ondo Police Raid Counterfeit Dollar Factory, Arrest Suspect

Ondo Police Raid Counterfeit Dollar Factory, Arrest Suspect

The Ondo State Police Command discovered a suspected counterfeit United States dollar printing factory in Odigbo Local Government Area, arresting one suspect and recovering three bags of counterfeit dollar notes. This operation was initiated after a complaint from Yusuf Nasiru, a resident of Sabo in Okitipupa Local Government Area, who reported an incident on October 28.

Nasiru had been approached on October 25 by two men, Peter Desmond and Olami Toro, both residents of Ode-Irele, who requested to exchange United States dollars for naira. He handed over $6,000, valued at approximately N8.6 million, but the suspects later returned the money, claiming insufficient funds to complete the transaction.

Upon examining the returned dollar notes, Nasiru discovered they were counterfeit and subsequently reported the matter to the police.

Plus234Feed summary based on reporting from The Will. Read the original report below.

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