The Custodian Newspaper Online
No Result
View All Result
Saturday, June 21, 2025
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • World
  • eStore
The Custodian Newspaper Online
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • World
  • eStore
No Result
View All Result
The Custodian Newspaper Online
No Result
View All Result
Home Business

$5m Fake Currency Gang Busted

by John Kekeli
May 5, 2021
in Business, Featured
0
NPA Reduces Fuel Prices By 47% Per Litre

Fake currency syndicate busted

152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

The National Security has busted a-13-member gang involved in the printing and distribution of fake currency notes to unsuspecting victims, mostly foreign nationals.

A statement issued by the National Security Secretariat, indicated that the gang, led by one Yassei Alia, a 45-year-old Syrian resident in East Legon, and owner of Hardford Auto Service in Accra, together with Danjuma Zakaria alias Alhaji Mohammed, 49 and resident of Tema West were involved in the criminal activity.

They were rounded up in a warehouse within the premises of NacCharter Cargo and Freight Company, near KLM offices within the Kotoka International Airport, on Monday, April, 27 at around 5:30 pm.

Freshly printed $10,000 bundles of fake $100 notes concealed in two large metal trunks and a suitcase were retrieved from the warehouse.

The statement said the amount was estimated to be over $5 million.

Fake currency notes retrieved by National Security

Other suspected accomplices arrested during the operation included Esther Omozeea, Emad Aldalhi, Kamal Mohammed, Abdulai Yakubu Osman and Samuel Ababio.

The rest were John Denyo, Desmond Delali Dumenu, Alike Happiness, Prosper Chukwu, Victor Israel and Padi Christian Holdbrook.

In their caution statements, Yassei and Mohammed, who drove to the warehouse in the former’s car, denied knowledge of the deal.

However, when questioned separately, Yassei, who held a Syrian passport, a Guinea-Bissau diplomatic passport and a Nigerian national driver’s licence issued in Ogun State, indicated that he had gone to the warehouse to have a discussion with one Kojo, an alleged cargo dealer and operator of the premises, regarding a V8 engine the latter was to import on his behalf, while Alhaji Mohammed stated that he had gone to solicit for financial help from Kojo to enable him to procure a vehicle from Holland.

The statement added that while Yassei claimed Kojo sat in a meeting with them on the said day, Alhaji Mohammed indicated that Kojo was not at the premises at the time of their visit and that while waiting for him, they were arrested.

It said incidentally, two of the suspects interrogated separately corroborated Mohammed’s claim that Kojo was not seen at the premises on the said day.

“The group’s modus operandi, according to intelligence, suggests that they lure unsuspecting victims with claims that they have access to millions of US dollars in Libya.

“Victims are given genuine sums of US dollars to spend for free, as a proof of the genuineness of the deal”, the statement added.

It noted that once convinced, victims were requested to deposit huge sums of USD dollars as freight charges to aid the shipment of the said dollars to the victims.

That statement noted that upon receipt of amount, the suspects package fake dollars stashed in between a few hundreds of genuine notes, for onward delivery to their victims.

It said shortly after the arrest, one Bandoh, Alhaji-Ahmed, alias Alhaji Bamed, owner of Bamed Travel and Tours, who claims to be a Presidential Staffer at the Castle, and a client of Yassie, drove to the National Security headquarters, verbally assaulted the leader of the operation, and vowed to free the suspects.

It said the aggressive conduct of Alhaji Bamed, suggested that he might be involved in the deal, particularly when investigations are ongoing.

The statement said officials of National Security had assured Ghanaians that government was determined to rid the country of fake currency syndicates and warned that persons involved in the illegality would be arrested and dealt with accordingly.

The National Security has therefore urged the public to report suspicious activities of persons to security agencies to aid their arrest and prosecution.

Meanwhile, investigations on the matter are ongoing.

Post Views: 493

The CustodianGh Online’s vision is to become the most preferred go-to news brand in Ghana.

Contact Us

[email protected]

Popular Categories

  • News
  • Business
  • Politics
  • Sport
  • Arts & Showbiz
  • Tech

Archives

© 2025 The CustodianGh Online - All rights reserved.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • eStore

© 2025 The CustodianGh Online - All rights reserved.