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The E-Sylum: Volume 25, Number 34, August 21, 2022, Article 29

FAUX WHAT IT'S WORTH

Loved that headline, and wished I'd thought of it: "Faux what it's worth." This article discusses a seizure of counterfeit currency in South Africa. -Editor

South Africa counterfeits The Tshwane metro police confiscated counterfeit money with a face value of R3.5 million during an operation in Pretoria on Friday.

The operation was part of an investigation into a syndicate involved in money laundering and counterfeit money.

During the operation, officers followed a convoy of vehicles, including a red Range Rover, two Mercedes-Benzes and a Toyota Corolla, said Tshwane metro police spokesperson, Senior Superintendent Isaac Mahamba.

They stopped and searched the Range Rover in Arcadia Street and found a counterfeit R100 note.

After questioning the driver, he led officers to a property in Stanza Bopape Street, where they found a "steel box full of counterfeit money" and chemicals used to clean the money, said Mahamba.

"The officers also discovered that the name of the suspect matched a suspect who was sought for money laundering," he said.

To read the complete article, see:
PICS | Faux what it's worth: Tshwane metro police confiscate R3.5m in counterfeit money (https://www.news24.com/news24/southafrica/news/pics-faux-what-its-worth-tshwane-metro-police-confiscate-r35m-in-counterfeit-money-20220815)

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Wayne Homren, Editor

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