Man produces fake dollars, pounds worth millions

A 42-year-old man, Rafiu Olusamokun, is currently in the custody of the Lagos State Police Command for allegedly producing fake foreign and local currencies, which allegedly run into millions of naira.

Our correspondent learnt that Olusamokun, an indigene of Owo, Ondo State, was arrested by the police in his house at Ayidolapo Street, in the Ikotun area of the state.

PUNCH Metro gathered that the suspect, who was a motor mechanic before allegedly venturing into production of fake currencies, worked with some people who were still at large.

It was learnt that the police recovered an iron box full of fake dollars, pounds and naira notes from Olusamokun. Some materials such as cotton wool, paints and oil, allegedly used in the production of the money, were also recovered by the police.

Speaking with PUNCH Metro, the suspect said he was introduced into the business by some men who claimed to have newly returned from Europe.

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