News
Undergrad and sailor sibling caught printing counterfeit notes
View(s):By Damith Wickremasekara
An undergraduate and his sailor brother who wanted to make a fast buck by printing counterfeit notes, this week, confessed their involvement in the racket for the past eight months. Following tip-off by traders who had become suspicious of the money the duo were changing, police nabbed them in Danvilana village in Veyangoda.
 The university student |
 His sailor brother |
 The businessman |
 Electrician |
Veyangoda Police Officer-in-Charge N.D.A. Nivunhella told the Sunday Times initially, a businessman from the area had started printing counterfeit notes. “The businessmen had invested in machinery to improve the printing of counterfeit notes, and sought the assistance of an electrician for his work. However, after a few months, the electrician had saved the specimen onto a pen drive and started printing counterfeit notes of his own.”
“The electrician had sought the help of the undergraduate, who, after a few months, left him taking the specimen along with him,”he said. The undergraduate and his brother had continued with the racket thereafter.
Investigations revealed that they had printed notes from time to time and changed them in shops in Veyangoda.
Police found a printer, laptop, machine used to paste notes and a pen drive containing the specimen. They also found eight notes of Rs 1,000 denomination.
Police said the businessman and the electrician who were involved in printing counterfeit notes were also arrested, while they were looking for two other suspects.
Meanwhile a Central Bank spokesperson said the Currency Division continued to educate the public on how to identify counterfeit notes. She said that for every one million notes there were six counterfeit notes – an increase from five, per million notes.
Follow @timesonlinelk
comments powered by Disqus