Two suspected currency counterfeiters identified as Moses Adukwu and Iorlumun Reuben, have been arrested by the Economic and Financial Crimes Commission (EFCC) following a case transfer from the Department of State Service (DSS) to the anti-graft agency.

While 27-year-old Iorlumun from Vandeikya Local Government Area of Benue State was arrested by the DSS after being rescued him from being lynched for buying airtime with fake currency, 33-year-old Adukwu from Olamabiro Local Government Area of Kogi State is a former bus driver who joined the counterfeiting business in 2017.

EFCC's statement reads;

The journey for the two men began when the EFCC Makurdi zonal office received a case transferred from the Department of State Service, DSS against them.

Iorlumun, 27 years old from Vandeikya Local Government Area of Benue State was arrested by DSS who rescued him from being lynched. He had purchased airtime from a woman who noticed that Reuben had paid her with fake currency and alerted people around.

When interrogated, he confessed that he was introduced to the business by another man still at large who had also introduced him to a supplier, Adukwu. He also confessed to still be in possession of about N18,000 fake currencies which he has been unable to spend before his arrest.

Adukwu, 33, who hails from Olamabiro Local Government Area of Kogi State, is a former bus driver who joined the counterfeiting business in 2017. He claimed he was introduced to the fraudulent business by one Mohammed still at large. He also confessed that he had visited Lagos to get his consignment but his meeting with the supplier was conducted under the Oshodi bridge.

Subsequently, he paid the cash equivalent into the supplier's account while his consignment of fake currencies are sent to him by Waybill process.

Adukwu revealed during interrogation that for N50,000 real currency, he gets about N400,000 fake naira notes in four packets. He then sells each pack of fake currency for N25,000 of genuine currency.

They will soon be charged to court.

See more photos here; http://gistmore.com/two-currency-counterfeiters-arrested-by-efcc-photos

Bac

Lalasticlala

everyday for the thief

WERTYUHIJYTR

Wetin man go do?
The country is in a state of disarray and the average man needs to survive.
Make them face the consequences of their actions anyway

that's good

Good one.

Check sigy for RMB

See as dem hang the board for their neck like say na Cuban.

Behind bars isn’t a good idea

...Iorlumun, 27 years old from Vandeikya Local Government Area of Benue State...

Adukwu, 33, who hails from Olamabiro Local Government Area of Kogi State...

NCAN over to you

Too much crime in this country..


And it's saddening that it involves ripping off the man next door rather than ingenuity

EFCC should start investigating the source of people's poverty, not only their source of wealth..
Poverty is also a financial crime

Hmmmm one of these days....,.....

Mshewwwwww
Na this one una sabi catch
Fulani herdsmen, kidnappers, ritualist, una leave them
Is this not lesser evil compared to the mentioned?
Abeg, eeee

Kezifils:


...Iorlumun, 27 years old from Vandeikya Local Government Area of Benue State...

Adukwu, 33, who hails from Olamabiro Local Government Area of Kogi State...

NCAN over to you

I thank God that Adukwu was clarified, if not I know what it will turn to ,

cebayemevimanel:
winning is today

rogue criminal

If you post this again I will use Rule 17 that doesn’t exist to chase you off Nairaland

The faults of the head now affecting the tail

If the head thats the politicians didn't loot massively I think the tail won't engage in more crimes

Only if efcc will fight this politicians by fire and by force

Whenever I play Fela's music it then occurred to me that he saw the future of Nigeria

I sorry sorry sorry I sorry for Nigeria

Musa had saw a lot at gate..Mumu 50k to fake 400k .." Oko see ro no agbede roko ta"Oponu pora mole

NICE DEAL

Today fixed correct score game is available just call or WhatsApp

See how EFCC decorate dem wit their counterfeiting Gold medals

Chai.... No tribal war today.