Fake notes printed in Pakistan distributed in Kerala’s 3 districts
Karipur: Fake Indian currency notes printed in Rawalpindi in Pakistan has reportedly been distributed in three districts in Kerala, according to Intelligence agencies. The government has issued an alert to banks and other financial institutions in this regard.
The Rs 2000 and Rs 500 notes, which are printed in Pakistan currency printing press in Rawalpindi, were smuggled to India via Dubai and Bangladesh.
The counterfeits were distributed using migrant workers and hawala dealers. The hawala dealers received the notes mainly from Malda in West Bengal. The fake notes bear 11 out of the 17 security features in original notes.
While the fake notes of Rs 2000 is pretty difficult to recognise, the notes of Rs 500 can easily be identified as it comes with low quality paper.
Enforcement Directorate and Directorate of Revenue Intelligence have been asked to remain vigilant. The banks have been asked to take action against those who come to deposit such notes.