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Beware! Fake dollar notes in circulation

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The Economic and Financial Crimes Commission (EFCC) has raised the alarm over the circulation of fake dollar notes in the country.

Tony Orilade, EFCC spokesman, gave the warning in a statement issued on Thursday.

Orilade said the agency issued the warning following intelligence gathered in the build-up to the elections.

The anti-graft agency also asked bureaux de change operators to be cautious.

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“The Economic and Financial Crimes Commission (EFCC) has raised the alarm over the circulation of fake Dollar notes ahead of Saturday’s Presidential and National Assembly elections,” the statement read.

“In a statement personally signed by the Acting Chairman of the Commission, Ibrahim Magu, the agency stated that the warning follows intelligence gathered in the build-up to the elections.

“The intelligence indicates that the Dollar notes have features of genuineness, but forensic analysis by the Commission reveals otherwise.

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“We, therefore, warn the BDC operators to be cautious in their transactions from now till the end of the elections.”

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