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Counterfeit dollar "trading": 20,000-dollar operation exposed in Namangan

Counterfeit dollar "trading": 20,000-dollar operation exposed in Namangan
In Namangan region, an operational event aimed at combating counterfeit money circulation yielded effective results. During the operation conducted by the Kosonsoy district division of the Department for Combating Economic Crimes under the Office of the Prosecutor General, in cooperation with the National Security Service and customs officials, individuals attempting to circulate fake dollars were detained.

According to obtained information, one of the participants — citizen F.T. — in agreement with citizen A.H., planned in advance to sell counterfeit USD 20,000 for genuine USD 14,000. Following this agreement, F.T. was apprehended by law enforcement officers while handing over counterfeit USD 8,000 (in USD 100 bills) to citizen A.H.

However, the operation did not stop there. During the continued operation, another individual — citizen N.T. — had counterfeit USD 6,000 seized as material evidence. This indicates that the counterfeit money circulation was not carried out by a single person but involved multiple individuals.

On this basis, a criminal case was initiated under Article 176 of the Criminal Code of the Republic of Uzbekistan — “Manufacturing, storage and circulation of counterfeit money, excise stamps or securities.” Investigative actions are currently underway.

For information: according to this article of the Criminal Code, manufacturing, storing, or circulating counterfeit money is a crime, punishable by large fines, confiscation of property, and imprisonment.

Such incidents can pose threats to the country's financial stability and public confidence. Counterfeit currency creates not only economic risks but also reduces trust in the national currency. That is why law enforcement agencies are rigorously combating such offenses.

The competent authorities call on all citizens to remain vigilant. It is especially important to be cautious when exchanging large sums of foreign currency or conducting cash transactions, to use official channels, and to immediately report any suspicious banknotes to relevant authorities.

On the local level, there have been many cases of counterfeit currency circulation. Therefore, active public participation in preventing such crimes is crucial. If citizens have information about suspicious activities or individuals, they should promptly contact law enforcement agencies.

The investigative process is ongoing. Identifying all persons involved and bringing them to justice remains a top priority.
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News » Society » Counterfeit dollar "trading": 20,000-dollar operation exposed in Namangan