Business News of Tuesday, 3 March 2026

Source: www.ghanaweb.com

Fake Dollar Syndicate Busted: 11 foreign nationals face trial

The suspects are being processed to be put before the court for prosecution The suspects are being processed to be put before the court for prosecution

Ghana Immigration Service (GIS) has confirmed the arrest of eleven foreign nationals at Tuba in the Ga South Municipality over alleged counterfeit US dollar operation.

The suspects are currently being processed to be put before the law court for prosecution.

The suspects were picked up on January 5, 2026, during an intelligence-led operation by the Anti-Human Trafficking and Cyber Fraud Taskforce Unit of the Weija Sector Command.

Officials say the group was engaged in printing fake US currency.

Some items retrieved during the raid included bundles of suspected counterfeit notes, photocopier machines, laptops and a router believed to have facilitated the illegal activity.

GIS arrests 11 foreign nationals over counterfeit money printing, cyber fraud

During an interview with Channel One News on March 2, 2026, the officer in charge of the case, Coffie disclosed that investigations have been completed and all eleven suspects are now standing trial.

He also disclosed that between January and March 2026, the command rescued 42 other foreign nationals who were allegedly trafficked into Ghana to engage in cyber fraud activities.

According to him, the arrests and rescues were the result of sustained, intelligence-driven operations by the command.

Coffie also disclosed that plans are underway to establish a dedicated unit to strengthen surveillance and intensify the fight against human smuggling and trafficking syndicates.

“Earlier this year, a major operation led to the arrest of 11 foreign nationals involved in producing counterfeit currency. These individuals were brought into the country illegally and engaged in the printing of fake money,” he said.

He emphasised that the suspects would be prosecuted in accordance with both Ghanaian and international law.

SO/VPO

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