The police in Ondo State have uncovered a suspected facility used for producing counterfeit US dollar notes in Odigbo Local Government Area, arresting one individual in reference to the operation.
The suspect, Peter Desmond, was apprehended at a property in Kiniso Village, close to Ajue, the place officers additionally seized three baggage of suspected fake dollar payments and different gadgets believed to be linked to the unlawful enterprise.
The growth was introduced by the state Police Public Relations Officer, DSP Abayomi Jimoh, in a press release launched on Tuesday.
Jimoh stated the breakthrough adopted a fraud criticism submitted by Yusuf Nasiru, a resident of Sabo, Okitipupa, on October 28, 2026.
Nasiru informed the police that two males, Desmond and Olami Toro, had visited his store on October 25, in search of to change {dollars} for naira.
He reportedly gave them $6,000, value about ₦8.6 million, however the males later returned the overseas foreign money, claiming they might not elevate sufficient naira to finish the deal.
The complainant subsequently found that the notes handed again to him have been fake and alerted the police.
Jimoh stated detectives on the Okitipupa Divisional Police Headquarters started investigating the criticism and finally tracked Desmond to the suspected manufacturing website by means of intelligence gathering and technical surveillance.
Police operatives stormed the situation on October 29, however different people discovered on the premises reportedly escaped by leaping over the perimeter fence.
During a search, officers recovered three baggage of suspected counterfeit US {dollars} and a small wood field, which have been taken away for investigation.
The police stated Desmond remained in custody and was offering data to help investigators in uncovering additional particulars concerning the alleged operation.
