Fake currency note factory busted in city

Staff Correspondent

13 July, 2021 12:00 AM printer

A fake currency note making factory was busted at Nurerchala in Badda of the capital on Monday.

Police found the factory on fifth floor of a seven-storey building at Sayeed Nagar and arrested five persons involved in the crime.

They are Abdur Rahim Sheikh, his wife Fatema Begum, his friend and businessman Helal Khan, Anwar Hossain and Israfil Amin.

Rahim is the owner of the factory and the ringleader of a racket involved in releasing fake notes in the market.

Earlier in 2019, Fatema with her one cohort was caught red-handed while making fake notes at a house in Hatirjheel.

The cops seized fake notes worth Tk 43 lakh, huge fake currency making devices and equipments, and materials from the factory. Mashiur Rahman, deputy commissioner of Gulshan Detective Division, told the Daily Sun that the couple was  operating the factory from where notes worth Tk 10 million was produced and released to the market.

They were making the fake notes targeting the sacrificial cattle markets in the capital and other parts of the country, he said.

They have been making and spreading fake notes for the last three years, he said. 

The arrested Helal Khan, who was earlier a cloth businessman, brought Yaba tablets from Cox’s Bazar and sold in the capital with engaged in fake note trade.

The officer described that it cost Tk 7,000-8,000 for making fake Tk one lakh. The couple sold fake Tk one lakh to any dealer in exchange for Tk 12,000-15,000.

The arrested Rahim told reporters that they spread the fake notes in the sacrificial cattle markets during Eid-ul-Azha over the last few years.

“We targeted the cattle traders who seemed to be simple and paid him fake the notes,” he said.