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Counterfeit notes of Rs 2,000 reach India from Pakistan via Bangladesh

By Newsd
Updated on :
Source: indianexpress

Just after two months of the announcement of the demonetisation policy, fake Rs 2,000 notes were pushed by smugglers through the porous India-Bangladesh border, said official sources as per a report in The Indian Express, referring to the recent seizures and detentions made by the National Investigation Agency (NIA) and Border Security Force (BSF).

The detentions were made on February 8 in Murshidabad from Azizur Rahman (26), basically from Malda in West Bengal. Reportedly, Rahman was carrying 40 fake notes of Rs 2,000 that had been printed in Pakistan, allegedly with the assistance of the Inter-Services Intelligence (ISI). It had been smuggled across the border from Bangladesh.

As per the sources, an examination by investigators and experts of the seized notes discovered that at least 11 of the 17 security features in the fresh Rs 2,000 notes had been replicated including transparent area, watermark, Ashoka Pillar emblem, the letters ‘Rs 2000’ on the left, the guarantee clause with the RBI governor’s signature and the value number in Devanagari on the front.

However, the print and paper quality of the seized notes were poor, they looked genuine. Moreover, the seized notes had the water mark and a crackling sound, similar to genuine notes, as per the officials.

“The quality has improved from the last time and it is difficult to detect a fake note with naked eyes now. Last month, the FICN (Fake Indian Currency Note) smugglers pushed some sample notes of the new Rs 2,000 and Rs 500 denomination in small numbers to check their feasibility for circulation. We fear that they will be seen in the market very soon,” said a senior official linked to the probe as per a report in The Indian Express.