Business community called to be vigilant against fake currency notes

{The business community and the public in general have been called upon to be vigilant and report anyone they suspect to be involved in counterfeiting or circulating currencies.}

This comes after several people were arrested circulating fake currency notes, especially in buying goods.

Recently, three people were arrested in Gahara Sector of Kirehe District including a woman, with Rwf142, 000, all fake.

Police spokesperson for the Eastern Province, Inspector of Police (IP) Emmanuel Kayigi, identified the suspects as Saidi Twakiribiji, Emmanuel Hakizimana and Goreth Uburiyemuye.

The notes were in Rwf5, 000, Rwf2, 000 and Rwf1, 000 denominations.

They were also found in possession of a fake note of US$100.

According to IP Kayigi, the suspects were apparently trying to use the fake money to procure goods before they were noticed and reported to police.

“Most of the targeted people are those with small businesses, telecom banking agents and bars especially at night, but we are glad that most of them have been vigilant enough to notice that the notes are fake and have involved the people and the police to ensure that culprits are arrested,” said Kayigi.

He asked traders to always use currency detection machines to differentiate fake from genuine monies

Counterfeiting and circulating counterfeit currencies is punishable under articles 601 and 604 of the penal code, with a prison sentence of up to five years and a fine of five to ten times worth the amount of money that has been faked.

Source:Police

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