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Scammers dealing in fake dollars have returned to Bauchi — Police raise alarm

The Bauchi State Police Command has warned traders and foreign exchange dealers to be vigilant against fraudsters allegedly using counterfeit US dollars to defraud members of the public. The command’s spokesperson, SP Nafiu Habib, issued the warning in a statement made available to journalists on Wednesday. He said the police had arrested two suspects within the […] Scammers dealing in fake…

Scammers dealing in fake dollars have returned to Bauchi — Police raise alarm

The Bauchi State Police Command has issued a warning to traders and foreign exchange dealers regarding scammers allegedly using counterfeit US dollars to defraud the public. Speaking to journalists, the command's spokesperson, SP Nafiu Habib, stated that the police had arrested two suspects within a week in connection with alleged counterfeit dollar-related fraud.

One of the arrested individuals had traveled from Lagos and was accused of defrauding a man of over N4 million before assaulting him. Habib highlighted that Bauchi had faced similar cases in the past where fraudsters using counterfeit dollars were apprehended, but security agencies managed to drive them away.

However, the police spokesperson expressed concern that the scammers have now returned to the state, warning the public against falling prey to their schemes. Habib cautioned against being lured by unusually low prices, as the urge to obtain goods or foreign currency at a cheaper rate could expose individuals to criminals operating outside of approved locations. He emphasized that people should refrain from visiting unapproved areas, as these are often hideouts for fraudsters seeking to deceive their victims.

According to Habib, legal exchanges of foreign currency are only permitted through authorized channels such as commercial banks and licensed Bureau de Change operators. He strongly urged residents to utilize these approved financial institutions and licensed foreign exchange dealers to safeguard themselves from falling victim to fraudsters. The statement concluded by reiterating the police's warning against the return of scammers dealing in fake dollars in Bauchi.

Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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