Fake notes

Panic in UP’s Farrukhabad After ATM Returns Fake Notes in a Series

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Panic in UP’s Farrukhabad After ATM Returns Fake Notes in a Series

Last Updated: October 21, 2024, 21:01 IST The situation unfolded when a customer withdrew Rs 300 from the ATM and immediately became suspicious upon seeing the notes. This incident raised serious concerns among residents, who are now apprehensive about the safety and reliability of ATMs in the area. An incident involving counterfeit currency dispensed from … Read more

CBN warns against fake banknotes

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CBN warns against fake banknotes

The CBN on Friday warned against the proliferation of counterfeit banknotes, particularly in higher denominations. The bank said it observed that the fake notes are being circulated during transactions in food markets and various commercial centers across major cities nationwide. Referencing Section 20(4) of the CBN Act (2007) as amended, the bank emphasised that the … Read more