There are fake 5,000 cedi-notes in circulation and the public should be on the look out for them, a statement issued by the Police Public Relations Unit said on Tuesday.
The statement said the fake notes were deeper in colour and do not bear the silvery security thread found in the middle of the genuine notes and were being mostly used in the night and in the rural areas.
“The fake notes are smooth in texture and do not bear the water mark in the form of the coat of arms of the Republic of Ghana. They are found in bundles with the same serial numbers.”
The statement said the fake 5,000 cedi-notes were being exchanged for genuine 2,000 cedi-notes and advised the public to be careful not to fall into temptation.
It requested the public to report anybody found to be in possession of any machine used for the printing of fake currencies.
Meanwhile, Mr Ernest Owusu-Poku, Inspector General of Police (IGP), on Tuesday directed the Police to mount special operations to arrest people involved in illicit trade in fake currencies.
The directive followed the Criminal Investigations Department’s Situational Report (SITREP) that indicated an upsurge in fake currency transactions.
The Police in the regions and in the districts should take the operations seriously to save the economy from money launders, the statement said.
Source: GhanaWeb
