Police in Karachi arrest man for circulating fake US dollars, Pakistani rupees

People hold up Pakistani currency at the railway station in Karachi January 5, 2017. (AFP/File)
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Updated 04 November 2022
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Police in Karachi arrest man for circulating fake US dollars, Pakistani rupees

  • Officials believe the suspect is part of an organized network supplying bogus bank notes to markets
  • Police have initiated investigations while trying to figure out if the fake currency is printed in Pakistan

KARACHI: Police in Pakistan’s southern Sindh province have arrested a man suspected of supplying fake currency notes to different markets in Karachi, said officials on Friday, adding the accused was part of an organized network that circulated bogus US dollars and Pakistani rupees.
Last month, a woman got a fake currency note while withdrawing money from a cashpoint in downtown Karachi. She mentioned the incident on her social media account, informing that the bank note had a printed inscription in Urdu that said “Child’s Play.”
The woman also lodged a complaint with her bank, though its management reportedly did not redress her grievance.
A police official told Arab News on Friday a suspect, Akbar Sher, had been arrested while carrying forged US dollars and Pakistani currency notes.
“The accused, Akbar Sher, was present with a bag containing US and Pakistani currency notes when we arrested him on a tipoff,” Safdar Mashwani, station house officer in the city’s Gulistan-e-Jauhar neighborhood, said.
He added the suspect was member of an organized network supplying such currency to different markets in the city.
“We are also trying to arrest other members of the network,” he continued.
Mashwani said police were trying to obtain details from the accused about the fake currency and whether it was being printed locally.
“At present, what we know is that there is a big network supplying such bank notes,” he added.
Police in Karachi also arrested five individuals for circulating fake currency in October.