AOperatives of the Economic and financial crime commission (EFCC) have arrested two suspected fraudsters with N45m fake notes in Abuja.

The suspected money-doublers, Badamasi Sule and Muhammad Muhammad, were picked up for being in possession of counterfeit Naira notes totaling about N45 million.

They were arrested following actionable intelligence report which exposed a syndicate of fraudsters who specialize in printing fake N1,000 notes. They were also found to be in possession of fake $100 bills.

Investigations further revealed that two "Ghana-must-go bags" in their possession containing the N1,000 notes were shortly to be put into circulation. Their primary targets are bureaux de change operators, and unsuspecting members of the public


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