Say Hello to the Fake notes of New Indian Currency
The Indian Prime Minister’s announcement of the withdrawal of ₹1000 and ₹500 notes ranks amongst the most significant economic measures taken by his government. The audacious move has given birth to wild hopes of a decisive blow to the black economy and counterfeit currency.
Henceforth on 10th of November Modi, the Prime Minister of India and it’s Intelligence agencies claimed the security features in the new Rs 2,000 and Rs 500 notes make them impossible to replicate.
They also state that the govt had been informed of a mint in Peshawar where only fake Indian currency notes are printed every year, also Pak pushes Rs 70 crore worth of fake currency into the Indian economy.
Next: RBI displays the newly issued Rs 500 and Rs 2,000 notes.
NEW DELHI: Intelligence agencies vetted the new denominations of Rs 2,000 and Rs 500 notes asserting that its security features will be next to impossible to replicate for Pakistan and organised criminal networks in India.
A top government official without going into the details, told TOI, New Delhi that external intelligence agency Research and Analysis Wing, Intelligence Bureau and the DRI examined the features on the notes being secretly printed for the past six months. The official refused to reveal the number of security features on the notes but said they were difficult to forge.
But you didn’t have to wait for the Pakistan or Terror groups printed high standard fake Indian currencies draining into our economy,(which reportedly uses ink from Frankurt and Switzerland.),
So like so many busted out claims or reasons made and given by Indian Government at the time of announcing the demonetisation of Rs 500 & Rs 1000 currency notes, this one also busted into cold flames or say “Tayen Tayen Phiss” (a popular Hindi idiom).
Fake notes are popping up all across India.
Within a fortnight five separate incidents have been reported in India, And the best quality of fake notes are reported in the state of Odisha. Odisha Police arrested a youth on charge of circulating fake Rs 2,000 notes and recovered Rs 2,45,000 stocked in the newly-introduced denomination post the Centre’s demonetisation move.
Meanwhile in Bolangir district, police seized over Rs 12 lakh from the house of a recruitment agent of migrant labourers skilled in Brick molding, professionally called as ‘Dadan Sardar’ on charge of stashing huge amount of cash.
The police raided the house of a dadan sardar at Tingra village under Saintala police station limits and seized Rs 12,75,900, Bolangir District SP Asish Singh said.
SP said they raided house on a tip-off about fake notes. Out of the total amount recovered, Rs 2,000 notes were also stored which totalled upto Rs 4,80,000, he said. “The police were investigating as to how a dadan sardar could arrange so many Rs 2,000 notes.
The Police first suspected that the man was using local people to get demonetised notes exchanged for the new Rs 2,000 notes in different banks. But was amazed to find that the notes are sophisticated looking fake currencies. however, Police could not arrested the accused as he absconded before the raid took place, police said.
Earlier, the Odisha police had arrested another youth in Khurdha district while depositing counterfeit currencies worth Rs 42,000, that’s too in a bank (look at the confidence) .
In the state of Gujarat A paan shop owner found a forged Rs 2,000 currency note in his till, featuring the Gandhi watermark, the national emblem and a fake security thread. It was later on, when he wondered how the recently launched note could look so soiled and faded in color, so he suspected it could be a fake and reported the case.
Although Fake notes of the new currency made their first debut In Chikkamagaluru, in the state of Karnataka two days after the notes went into circulation. A local trader approached police to inform them he was handed a photocopy counterfeit note.
Mumbai’s first incidence of fake new notes was recorded in Andheri, when a wine merchant was duped by a customer, who bought liquor with a fake Rs 2,000 note.
A small-time computer operator in Punjab, and his 2 accomplices managed to produce counterfeits using everyday scanners and printers.
One Shopkeeper told “I still cannot differentiate between a fake and real Rs500 and Rs2,000 note. So I have stopped taking these notes”.
Along with thanks and compliments to the sources for the shared data
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