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Crime & Punishment of Saturday, 21 December 2024

    

Source: www.ghanawebbers.com

Fake currency syndicate convicted in Nsuta Court

The counterfeit money will be destroyed by the Bank of Ghana. The counterfeit money will be destroyed by the Bank of Ghana.

Nine members of a 16-person fake currency syndicate have been convicted by the Nsuta Circuit Court for circulating counterfeit money across the Ashanti, Bono East, and Western Regions.

The group used fake GH₵200, GH₵100, GH₵10, and GH₵5 notes to purchase goods at locations such as Kumasi’s Embassy and Ducor Hotels.

Following a police operation that seized GH₵34,658 in genuine currency and GH₵41,111 in counterfeit notes, the court sentenced the convicts to fines ranging from GH₵6,000 to GH₵12,000 or prison terms of 2 to 5 years.

Four others were acquitted, and bench warrants were issued for five absentees.

The counterfeit money will be destroyed by the Bank of Ghana.