Counterfeit currency gang busted
The incidents of counterfeit currency and fake credit cards are coming into news frequently. A similar incident came to light in Karimnagar district on Wednesday. The police arrested a gang that was allegedly printing counterfeit currency. The police has said that a person named Shankar, who hailed from Godavarikhani, gathered 10 persons-with criminal minds-from one place and formed into a team.
The team reportedly acquired the software to print the fake notes. With the help of a computer and three printers, the team used to allegedly print counterfeit currency. Later they used to distribute these notes among the public. On getting information from credible sources, police plunged into the picture and nabbed the team.
The police recovered four lakh fifty three thousand rupees fake notes from them. They also recovered a computer and three printers that the gang allegedly used to print them.
One has to check properly the high denomination notes because we never know whether they are original or fake ones since counterfeit gang incidents are being witnessed every otherday. Also, people should be very careful while using the credit cards especially while making transactions online. The government should bring in special laws to protect country’s economy. All those involved in counterfeit currency should be punished with lifers. (Phani)
Add Your Comments
Please ensure that you don't use abusive words in your comments. While you have a right to express your views, you have absolutely no right to abuse persons or events. Express your criticism in a gentle way.
Featured Movie News
The successful director of Telugu Cinema K.Raghavendra Rao who made over 100…
Mahesh Babu who so far covered his body on the screens and…
Raveena Tandon who is bollywood role player making a comeback to the…
Lakshmi Rai will be seen in guest role in Ravi Teja's Balupu.…
There is gossip that Rajamouli, the very acclaimed director is going to…
Court exempted Salman Khan appearance who is under trail for his involvement…