Man held with fake currency in DelhiOctober 8th, 2009 NEW DELHI - A 24-year-old man has been arrested here with fake Indian currency with nominal value of Rs.44,350, police said Thursday. Alok Kumar Singh, who hails from Bihar, was arrested Wednesday from near an ice cream booth in Patparganj in east Delhi, and the fake currency notes in the denomination of Rs.50 and Rs.100 were seized from him.
Two held with fake currency in EtawahSeptember 29th, 2009 ETAWAH - Police seized fake currency of approximately rupees 850,000, and arrested two persons in Bakebar area of Etawah district on Monday. Police said interrogation of the arrested persons, identified as Akhilesh and Kalka, has revealed some vital clues.
Fake Indian currency detected in Delhi bankSeptember 25th, 2009 NEW DELHI - Fake Indian currency nominally worth Rs.700,000 was detected at a Citi Bank branch in the national capital, police said Friday. Citi Bank's Connaught Place branch manager G.S.
Fake currency flowing in from Dubai, Bangladesh: Mumbai policeAugust 29th, 2009 MUMBAI - Mumbai police on Saturday said that counterfeit currency was flowing into Mumbai from Dubai and Bangladesh. Speaking on the sidelines of laying the foundation stone of a Police Academy here, Mumbai's police commissioner D.
Gujarat anti-terrorism squad arrests 'contact man' for fake currency notesAugust 13th, 2009 AHMEDABAD - The anti-terrorism squad of Gujarat on Thursday claimed to have busted a fake currency racket with the arrest of a key operative on Thursday and recovered counterfeit notes with a face value of about 135,000 rupees from him. Asghar Ali was arrested on Wednesday (Aug.
Fake currency seized in Punjab, four heldAugust 4th, 2009 NAWANSHAHR - Punjab police busted a fake currency racket here and arrested four people including a resident of Nepal. Counterfeit Indian currency notes with a face value of rupees 565,000 were recovered from the men arrested in Nawanshahr city.
Fake currency seized in New DelhiJuly 8th, 2009 NEW DELHI - Police here arrested five men for smuggling counterfeit Indian currency worth one million rupees. Police recovered bundles of notes in the denomination of 500 rupees from them.
Fake notes not printed in small press: ATS chiefJuly 3rd, 2009 MUMBAI - The good quality of the recently seized fake 1000-rupee notes rule out the possibility that they were made in small private press, a senior police official has said. "The quality of the notes was very good and they could not be made in a normal press which smaller groups of counterfeiters use," said K P Raghuvanshi, Additional Director General of Police (Anti-Terrorism Squad).
Woman arrested with Rs.18 lakhs counterfeit currencyMarch 20th, 2009 NEW DELHI - Delhi Police said they have cracked a fake currency racket with the arrest of a young woman in possession of counterfeit currency with the nominal value of Rs.18 lakhs (Rs.1.8 million). A special cell in north-east Delhi arrested 24-year-old Rizwana March 14 after a probe into a specific tip off abour her alleged involvement, police officials said.
Woman arrested with Rs.1.8 mn counterfeit currencyMarch 20th, 2009 NEW DELHI - Delhi Police said they have cracked a fake currency racket with the arrest of a young woman in possession of counterfeit currency with the nominal value of Rs.18 lakh (Rs.1.8 million). A special cell in north-east Delhi arrested 24-year-old Rizwana March 14 after a probe into a specific tip off about her alleged involvement, police officials said.
Tripura police official held for peddling fake currencyJanuary 21st, 2009 AGARTALA - A Tripura police official has been arrested for his alleged involvement in a fake international currency racket, officials Thursday said. 'The Tripura and Mizoram police, along with other special police wings of the northeastern states, have been probing to find out the details about the racket,' said Anish Prasad, Tripura's Dhalai district police chief.
Four arrested for circulating fake currency in NCRJanuary 18th, 2009 GHAZIABAD - Four people were arrested Monday for smuggling and circulating counterfeit currency in Uttar Pradesh's Ghaziabad district and the adjoining towns in the national capital region (NCR), the police said. The police arrested Lalit Kumar, Ram Madan Chaudhary, Mustakim and Mohammad Umar from Masuri in Ghaziabad district and recovered from them counterfeit currency worth about Rs.150,000.
Six held for fake currency racket in Uttar PradeshJanuary 9th, 2009 LUCKNOW - Six people allegedly involved in printing and circulation of fake currency notes were arrested in Uttar Pradesh, the police said Saturday. 'The six were nabbed Friday night from a hideout in Premnagar area in Bareilly (some 250 km from Lucknow),' police inspector Chandra Pal Singh told IANS on phone.
Two brothers arrested with over Rs.300,000 in fake currencyDecember 29th, 2008 NOIDA - Two brothers were arrested with counterfeit currency worth over Rs.300,000, the police said Tuesday. The Special Operations Group (SOG) of the Noida Police arrested the brothers, Atar Singh and Amit Singh, for allegedly supplying fake currency.
Two Punjab schoolboys arrested for printing fake currencyDecember 28th, 2008 JALANDHAR - Two teenaged schoolboys who wanted to become rich hit upon the idea of printing fake currency notes. However, they were caught when trying to palm off fake Rs.500 notes and handed over to police.
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September 1st, 2009 at 12:07 pm
We feel RBI’s deliberation on suggesting bankers the use of “sorting machines” needs further attention to looking for “Genuine & Accurate fake note detectors” which work on data cum image based technology. Sorting machines are working just on image base technology which is limitedly compatible and useful just for fitness/quality sorting of notes and are too poor to detect super fake notes. Sorter just throws out large number of doubtful notes with comparatively large number of false alarms and carries very high possibility of passing super fake notes as genuine resulting into issuance of such notes at cash counters or at ATM centers.
The kind of machines Indian Banks at cash counters needed are the machine which can verify not only the images but also can check the chemical and physical properties of papers, inks, resins and other materials used in production of note. The machine should be capable of not allowing any fake note to pass as genuine. It is possible only with the detectors specially developed considering the large number of intricacies concerning to Indian notes. A multi currency super fake note detector/ Currency verification & processing Systems is recently launched by an Indian company having web address http://www.paradigmcashsystems.com It is suggested therefore that all the concerned authorities form RBI, Government of India, Banks investigative agencies etc should invariably go through the crucial informations provided in the web site. It could help in curtailing the menace of fake notes prevalent in our country.
kirit vora