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K6 million fake bank notes floods markets in Mzimba

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People in Mzimba district have been warned to take extra caution in carrying out business transaction following the proliferation of fake currency in the market.

Assistant Commissioner of Police, Louis Chigadula made the warn to the public during a press conference held at Mzimba Police Station on Thursday.

Speakinga at the press conference which was organized to inform the public, through the media, about police security alertness during this year’s Christmas and New Year festive season.Chigadula said Mzimba District has been suddenly flooded with hooping bogus notes totaling to K6 million, only in denomination of two hundred kwacha bank notes.

“So far, we have successfully recovered K4.7 million while K1.3 million is still enjoying circulation.

The Commissioner added that police have also arrested four people who were in custody of fake currency.

However police have declimed to give identities of the suspects saying their investigations are still underway.

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According to Chigadula, the fake bank notes are easy to identify because they are lighter and have same serial numbers.

The fake bank notes which police believe have come from neighbouring countries according to statements from arrested suspects, bear the following serial numbers: AD0348554,ad0348558 and AB68868224.

Police said so far have arrested four suspects at Jenda and Mbalachanda Rural Growth Centres, in Mzimba,working on tips from bottle store attendants who developed jitters down spines due to suspects’ lavish buying of beers.

Meanwhile, Chigadula, who is also station officer has asked shop owners to carefully examine the two hundred kwacha bank notes, especially from customers who suspiciously buy goods in large quantities.

Chigadula then appealed to general public to report to police anyone found in custody of currency suspected to be fake or forged as a way of to assisting the security institution in fighting the crime.

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