Criminal Group Selling Counterfeit Currency Exposed

The Bureau of Economic Security has uncovered a criminal organization engaged in the illicit sale of counterfeit currency in significant amounts.

The press service of the Bureau reports this.

According to preliminary investigations, the group consisted of several individuals from the Kyiv and Vinnytsia regions who specialized in distributing high-quality counterfeit banknotes. They found clients through personal connections, offering fake bills at 30-65% of the market value of real money.

One member was apprehended while attempting to sell $30,000 in counterfeit currency.

Additionally, law enforcement conducted searches in Kyiv and Vinnytsia, seizing counterfeit money amounting to approximately 2.3 million hryvnias.

Experts from the National Bank concluded that the seized hryvnias and foreign banknotes were fake.

Based on the evidence collected, two individuals have been charged. The pre-trial investigation is ongoing.