68 Year Old Man Arrested For Printing Fake Currencies In Oyo State

A 68 year old man, identified as Femi Faweya, was Tuesday paraded by the Oyo State Police Command for allegedly printing fake Nigerian currency.

Faweya alongside his 42-year-old accomplice, Segun Fayose,admitted to the crime, saying they obtained a currency printing machine with which they had duped many people.

Faweya who spoke before newsmen at the state Police Command Headquarters, Eleyele, Ibadan, claimed to be a former Grade 2 teacher. He said he ventured into printing fake currency because he lost N200, 000 to fraudsters.

“I also needed money to take care of my three children who are in the university.
“I have been printing N500 and N1, 000 notes with the machine in order to recoup the money I lost to fraudster.
“I live at Ijokodo in Ibadan here. I used to photocopy the materials with a photocopy machine.
“I was introduced into the business three years ago by Bayo but he is late now. He duped me of N200, 000 without doing anything for me.
“About two months ago, someone gave me a printer for the business,” Faweye added.

The Commissioner of Police, Mr. Sam Adegbuyi, who paraded the suspects said there would be no space for criminal activities in the state.

Source: Daily Post