Police uncover fake dollar factory in Ondo, arrest one

In Ondo State, Nigeria, a suspected counterfeit money factory was discovered and one suspect was apprehended, according to the Ondo State Police Command. The operation took place on October 29 in Odigbo Local Government Area during an investigation following a complaint about receiving fake US dollars. The suspect, Peter Desmond, was arrested after the police traced him to Kiniso Village via Ajue.

The operation was launched after a man named Yusuf Nasiru reported to the police that two men, Peter Desmond and Olami Toro, had given him counterfeit dollars in exchange for naira. The complainant discovered the bills were fake upon closer examination. Police recovered three bags of suspected counterfeit US dollars and a small wooden box from the suspect's hideout.

The Commissioner of Police, Felix Ohagwu, has directed intensified investigation to identify other individuals involved and ensure those found guilty are held accountable. Residents are advised to authenticate foreign currencies before engaging in financial transactions and report suspicious activities to the police.