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Police raid fake dollar factory, recover three bags of counterfeit notes

Police raid fake dollar factory, recover three bags of counterfeit notes
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AI Executive Briefing
Verified Synthesis~42s read
The Ondo State Police Command has uncovered a suspected counterfeit currency production site in Odigbo Local Government Area of the state, arresting one suspect and recovering three bags of suspected fake United States dollar notes. The command said the operation took place on October 29 at Kiniso Village, via Ajue, following investigations into a complaint by a man who allegedly received counterfeit dollars from two men during a currency exchange transaction.
Context & Background
  • ✦Meanwhile, the Commissioner of Police, Ondo State Command, CP Felix Ohagwu, directed that the investigation be intensified to identify and arrest other persons allegedly connected to the operation.
Key Figures & Named Entities
Tuesday:The State Police Public Relations Officer, DSP Abayomi Jimoh, disclosed this in a statement issued on Tuesday.$6,000,:Jimoh said the complainant handed over $6,000, valued at approximately N8.6m, to the men.2025:In November 2025, the Lagos State Police Command recovered batches of fake USD notes in similar scam operations.
Outlook & Next Steps
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Key Takeaways
Verified Extract
  • ✦The Ondo State Police Command has uncovered a suspected counterfeit currency production site in Odigbo Local Government Area of the state, arresting one suspect and recovering three bags of suspected fake United States dollar notes.
  • ✦The command said the operation took place on October 29 at Kiniso Village, via Ajue, following investigations into a complaint by a man who allegedly received counterfeit dollars from two men during a currency exchange transaction.
  • ✦Meanwhile, the Commissioner of Police, Ondo State Command, CP Felix Ohagwu, directed that the investigation be intensified to identify and arrest other persons allegedly connected to the operation.
Key Facts:Tuesday: The State Police Public Relations Officer, DSP Abayomi Jimoh, disclosed this in a statement issued on Tuesday.$6,000,: Jimoh said the complainant handed over $6,000, valued at approximately N8.6m, to the men.2025: In November 2025, the Lagos State Police Command recovered batches of fake USD notes in similar scam operations.
Editorial Excerpt

The Ondo State Police Command has raided a suspected fake dollar factory in Odigbo LGA, arresting one suspect and recovering three bags of counterfeit note

Frequently Asked Questions About This Story

What is the latest development regarding Ondo State?

The Ondo State Police Command has uncovered a suspected counterfeit currency production site in Odigbo Local Government Area of the state, arresting one suspect and recovering three bags of suspected fake United States dollar notes.

Who are the key organizations or public figures mentioned?

The primary parties identified in this coverage include Ondo State, Lagos State, Nigeria Police Force.

What timeline or key figures were confirmed?

The State Police Public Relations Officer, DSP Abayomi Jimoh, disclosed this in a statement issued on Tuesday.

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