The Special Intelligence Squad of the Nigeria Security and Civil Defence Corps has arrested two syndicates who specialised in the printing, sales and distribution of fake dollar notes.

This was contained in a statement signed by the corps spokesperson, Olusola Odumosu, on Friday.

According to the statement, one of the groups arrested, which consisted of four male adults, were caught in possession of fake $64,800 and N475,000 notes.

Investigation revealed that the group operated within and around Plateau, Nasarawa, Bauchi and Gombe states.

The statement added, “Members of the second syndicate arrested with the exhibits of $64,800 and N475,000 are Jonathan Dakogol, Abbas Ibrahim, Isa Ukashatu and Aminu Isa.

“Isa Ukashatu and Jonathan Dakogol were arrested with fake $64,800 and N475,000 at Akurba of Lafia LGA, in Nasarawa State after being lured to deliver the money to a client.”

The NSCDC Commandant General, Ahmed Audi, described the criminal gangs as economic saboteurs destroying the country through the perpetration of financial crimes and defrauding innocent citizens.