NEWS & ADVICE : PERSONAL LOAN
Rising Fake currencies circulation a big worry
By Vaibhav Aggarwal
Nov 26, 2014
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It has been reported that the use distribution of the fake currency is high on peak all across the big cities. The increasing circulation of the counterfeit currencies has become a great issue of worry both for the citizens and the govt. as well.

In past 4 years 173 cases of fake currencies were reported. It has also been reported that the maximum number of crimes related to the counterfeit currencies are being noticed in the state of Maharashtra. A Pune crime branch officer said that whenever police get information about fake currency notes, they arrest the suspects involved in circulating the notes.

In order to curb with this problem banks have been asked to install use ultra violate machines to check the notes. Banks should install CCTV cameras. They must ask the people to be aware and use cards and cheques if possible.


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