Watch out! tricksters with fake notes on prowl

The ease with which they exchange fake notes for genuine ones is due to people’s ignorance of features of valid currency notes

August 01, 2014 12:43 am | Updated 12:43 am IST - VIJAYAWADA:

Circulation of fake currency has become a cause for concern for police in the district. The detection of such rackets at Kalidindi and Gudivada revealed the clandestine way in which the gangs operate.

The ease with which they are able to exchange fake notes for genuine ones is mainly attributed to people’s negligence and ignorance of the features of a valid currency note, and sources of distribution of the currency.

In the Kalidindi incident, counterfeit notes worth nearly Rs. 5 lakh were seized from eight persons who cheated gullible customers across Krishna and West Godavari districts. Six more accused in the same case were nabbed at Gudivada on Wednesday and Rs 2.10 lakh worth currency was seized from their possession.

Tracking the original sources of fake notes in these two instances proved to be a daunting task for the police who have not yet found definite clues.

Gudivada Deputy Superintendent of Police G. Naganna appealed to the public to be cautious while doing large money transactions as fraudsters are on the constant lookout for a chance to circulate duplicate notes, which closely resemble the original currency. Finding the difference with naked eye is next to impossible.

Vijayawada city police has detailed information on how to make out whether a currency note is genuine or fake posted on its website and people could also learn basics of the legal tender through banks and other means in order to avoid falling prey to tricksters.

Two-wheeler thefts at rythu bazaars

At least six Rythu Bazaars in the district were brought under CC camera surveillance system for keeping a watch on vehicle lifters and eve-teasers. When the experiment yielded the desired results in two Rythu Bazaars in Vijayawada city, the officials brought four more bazaars – including Machilipatnam, Gudivada and Jaggaiahpet - under surveillance recently.

“We are waiting for sanctions from the higher authorities for bringing all the remaining bazaars in Krishna district under the CC Camera surveillance system”, Marketing Department Assistant Director A. Kishore told The Hindu. There were several instances of police relying on CC camera footages captured at Rythu Bazaars for apprehending the culprits, he said.

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