The Ondo State Police Command has uncovered a suspected counterfeit US dollar production facility in Odigbo Local Government Area of the state, recovering three bags containing suspected fake dollar notes. The operation reportedly took place on October 29, 2026, at Kiniso Village, near Ajue, following a complaint involving an alleged currency exchange fraud. According to reports, police operatives arrested a suspect identified as Peter Desmond during the operation, while other occupants of the premises reportedly escaped. The police also recovered three bags containing suspected counterfeit US dollar notes and a small wooden box from the location. How the Alleged Fraud Happened The investigation reportedly followed a complaint by a businessman identified as Yusuf Nasiru, who alleged that he handed over $6,000 to two individuals during a currency exchange transaction. However, the individuals allegedly returned counterfeit dollar notes, claiming they could not complete the exchang...
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