Tag Archives: fake Indian currency notes

Fake currency notes in Rs. 2000 denomination are in circulation in India after Demonetisation

Newsroom24x7 Network

  • International syndicate of fake Indian currency notes and the Bangladesh connection
  • Delhi Police nabs one international syndicate operative. He has supplied FICN amounting to Rs 20 million in Delhi and the adjoining states in last one year.
  • The texture and printing of the currency notes that have been seized is of good quality and it is difficult for an ordinary person to identify the currency as fake.

New Delhi: Delhi Police have arrested a key player of an international syndicate of fake Indian Currency notes and seized from his possession FICN amounting to Rs 7,50,000 in denomination of Rs 2000 notes.

On Thursday (9 August 2016), acting on specific tip-off that one Deepak Mandal of Malda District in West Bengal, a key member of an international syndicate, would be coming to the DTC Bus Depot at Khanpur in Delhi at about 09.30 pm that day to deliver a big consignment of FICN to one of his contacts, a police team swung into action and a trap was laid near the bus depot. At 09.50 pm, Deepak Mandal was nabbed and 375 Fake Indian Currency Notes in denomination of Rs 2000 amounting to Rs. 7,50,000 were recovered from him.

According to Delhi Police, the fake currency notes seized on Thursday were routed through Malda and the FICN consignment had come from Bangladesh. The Police have further said that the texture and printing of the currency notes that have been seized is of good quality and it is difficult for an ordinary person to identify the currency as fake.

The international syndicate involved in this racket was involved in the circulation of FICN in various parts of India, including Delhi and the adjoining States. The arrested person, Deepak Mandal (age 32 years), is a resident of Jagbandhu village in West Bengal’s Malda district. He told the police during interrogtion that he has been involved in smuggling and circulation of FICN for about 12 years. Earlier, he used to visit the Bangladesh Border for procuring FICN from suppliers from Bangladesh. He further disclosed that he has been receiving consignments of FICN from another person from Malda and he had come to Delhi to deliver the consignment of FICN to someone in Delhi. Deepak has been supplying FICNs to him and few other persons in Delhi/NCR for the last 12 years.

Deepak also informed the police that he used to circulate the FICNs in different parts of India, including Uttar Pradesh, Madhya Pradesh, Bihar Maharashtra, besides Delhi/NCR.

Deepak has been receiving FICN in Rs 2000 denomination on the payment of Rs. 800 for each Rs. 2000 note. He was then supplying it to others at the rate of Rs.1200 per note. Deepak has already supplied FICN amounting to Rs 20 million in Delhi and the adjoining states during the last one year period.

Deepak, along with his associate Vikas Mandal, was arrested earlier in a case of FICN of Rs 300,000 in the year 2010 in Malda.  In this case, he was convicted and sentenced for 6 years. Along with his associate, Deepak was again arrested in another Rs. 2,75,000 FICN case in Allahabad (Uttar Pradesh) in 2013.

Police is investigating the case and is trying to identify the forward and backward linkage of this international syndicate, which has been busted by the Special Cell of Delhi POlice led by Inspector Ishwar Singh, under the supervision of Assistant Commissioner of Police Attar Singh

The seizure of FICN in Rs 2000 denomination and the observation by the police that the fake notes are so good in quality that it is difficult to identify them as fake is a pointer that the situation is rather grave. The revelation by the arrested person that he has already put in circulation fake currency to the tune of Rs. 20 million across many States in last one year should ring alarm bells, especially since the matter is directly connected with national security.

The seriousness of the matter can be gauged from the fact that the Prime Minister Narendra Modi had pointed to the menace of fake currency while announcing his government’s demonetisation drive on November 8, 2016. On this occasion, he had said that “enemies from across the border were running their operations using fake currency notes. This has been going on for years and justifying the need for new currency notes, he had pointed out that many times, those using fake five hundred and thousand rupee notes had been caught and many such notes had been seized.

Focusing the nation’s attention towards the challenge posed by fake currency, the Prime Minister had asked the people of India to join the movement for purifying the country. He had urged the citizens to stand up and participate in the “Mahayagya” to fight against corruption, black money, fake notes and terrorism.

The PM had categorically told the people of India that the terrorists were getting their money from across the border and the enemies were running their operations using fake currency notes.

Delhi Police nabs two involved in cross-border fake Indian currency racket

Newsroom24x7 Desk

black moneyNew Delhi: In its continuing pursuit to contain the menace of High Quality Fake Indian Currency Notes (FICN) being pumped into Indian markets to corrode the Indian economy by agencies of a “hostile neighbor”, a team of Special Cell of Delhi Police led by Inspectors Sanjay Dutt and Rahul Kumar Singh has arrested two inter-state FICN peddlers and has recovered a total of Rs. 20 lakh worth FICN.

The arrested FICN operatives belong to a well entrenched network of FICN syndicate which is involved in receiving huge quantities of FICN from across the Indo-Bangladesh border and in its onward distribution among various clients spread across the States of Uttar Pradesh, Delhi and Madhya Pradesh. The arrested operatives are (1) Raj Kumar and (2) Omprakash(real names being withheld).

This team of Special Cell has been monitoring various FICN couriers and smugglers operating across the Indo-Bangladesh borders,especially from the notorious Village of Kaliachak in Malda District of West Bengal. These operatives receive directions about the prospective Indian clients of this high quality ISI mandated print of FICN from their handlers based out of Bangladesh. The major Indian market operators of the territories in Uttar Pradesh, Delhi and Madhya Pradesh keep on requisitioning FICN as per the demands being generated by various local big as well as small business houses. One such major operative was being monitored by the team. This operative uses several conduits to travel to Malda in West Bengal to receive consignments of FICN which are pushed into India by a well entrenched network of FICN operators based on both sides of the porous Indo-Bangladesh borders. The conduits receive the consignments from peddlers in Malda who take extreme precautions in concealing their identities and hideouts and are almost never found to be in direct communication with the conduits.

In the instant case, the sources deployed to develop intelligence informed that a consignment meant for a person had recently been received by his conduits in Village Kaliachak, in Malda and the conduits were expected to arrive at Old Delhi Railway Station in a general compartment of the Farakka Express. A trap was laid and on arrival, the conduits were identified by the source. The accused were apprehended and a search of their shoulder bags was done. The cursory search of these bags revealed that using meticulous craftsmanship, cavities had been stitched in the bases ofthese bags where a total FICN worth Rupees 20,00,000/- was concealed. The accused have been arrested and a criminal case under relevant sections of law has been registered at Police Station Special Cell.

The arrested accused have revealed that the consignment of FICN was delivered to them by one ‘Chacha’ who was receiving directions from his handler, who is unknown to the accused. After receiving the consignment, they had contacted the person who asked them to take a train to Delhi for receiving further instructions. Accused Raj Kumar has revealed that he had earlier also been involved in an FICN cases. Both the arrested accused, along with several other similar modules, have been working for a long time and have successfully transported a huge amount of FICN for use in the markets of Uttar Pradesh, Delhi and Madhya Pradesh. The detailed criminal involvements of both the arrested accused is being verified.

Fake Indian currency, porous international borders and smuggling menace

Newsroom24x7 Desk

Home Minister Rajnath Singh
Home Minister Rajnath Singh

Srinagar (Uttarakhand), Feb 8: Most of the fake Indian currency notes (FICN) in circulation in India is being smuggled into the country through the porous international borders. Union Home Minister Rajnath Singh has expressed serious concern and asked the Sashastra Seema Bal (SSB) to take the lead role in curtailing the menace of FICN. Addressing the ‘Passing Out Parade’ of Assistant Commandants of SSB at Srinagar in Uttarakhand Friday, Singh said the SSB is at the vanguard of porous International Borders through which most of the FICN is now being smuggled into the country. The Home Mnister asked the SSB to remain vigilant on the presence of fundamentalist and anti-India forces in the areas in vicinity of the borders. He noted that the SSB is actively guarding India-Nepal and India-Bhutan borders and despite being ‘open borders’ there has been peace on both the fronts. The Union Home Minister also lauded the role of SSB in anti-insurgency operations against the armed separatist National Democratic Front of Bodoland (NDFB) in Assam. He said that the SSB has almost destroyed the backbone of the NDFB. Singh said the SSB should also think of operating FM radio channels in the border areas so that the Prime Minister’s ‘Man Ki Baat’ programme could also be heard in the remote locations. he also suggested that the SSB can open India Cultural Centres in border districts to spread the message of nationalism in areas close to the borders. SSB was founded in 1963 to spread the message of nationalism in areas close to the borders and the force has been successful in its mission, Singh observed. //