Police in Ondo State uncovered a suspected underground currency-printing syndicate, arresting one suspect and recovering three bags of fake United States dollar notes.
Operatives from the Okitipupa Divisional Headquarters raided the clandestine facility at Kiniso Village, located via Ajue in the Odigbo Local Government Area, following a complaint from a local currency trader.
Investigators said the syndicate allegedly defrauded a dealer in Sabo, Okitipupa, of ₦8.6 million by exchanging 6,000 genuine U.S. dollars for counterfeit bills. Technical tracking and intelligence gathering led police directly to the rural hideout.
Officers arrested Peter Desmond at the scene, while several other occupants managed to escape by leaping over the perimeter fence.
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