Abu Dhabi police foil gang’s attempt to sell $10m in fake currency
ABU DHABI // Police have foiled an attempt by a gang of African men to sell US$10 million in fake dollar bills.
Col Rashid Bourshid, head of CID at Abu Dhabi Police, said this was the largest haul of fake currency of the year so far.
He said police received a tip off that a Cameroonian man, A A, who was illegally working in the country as a cleaner, was seeking a buyer for the fake bills.
A CID officer posed as a potential buyer and agreed to meet the suspect at a hotel. The suspect was then arrested as he brought out a bag containing the money.
During the interrogation, the suspect said that the money was not his and that he was just an intermediary for a compatriot he had met a few months earlier.
Col Bourshid said the owner of the bills and another suspect were arrested soon after.
He added that dealing in fake currency was a serious threat to the economic activity of businesses and the country.
Updated: April 13, 2015 04:00 AM