This is reported by Kyiv24
Law enforcement in the capital has halted the activities of a criminal group involved in the production and distribution of counterfeit national and foreign currency.
Complex Organization of the Criminal Scheme
During the pre-trial investigation, detectives from the Bureau of Economic Security established that the organizer of the illegal business had recruited two accomplices. To conceal their illegal activities, the group members rented a house in the Kyiv region, where they set up special equipment for producing counterfeit banknotes.
For the sake of secrecy, the suspects used front individuals, regularly changed vehicles, and altered their means of communication. Financial transactions were conducted through fictitious details to complicate the detection of their criminal activities.
Seizure of Counterfeit Money and Equipment
During searches in Kyiv and the Kyiv region, law enforcement discovered equipment for producing counterfeit money, raw materials, special inks and paper, as well as ready-made counterfeit banknotes in denominations of 100 US dollars and 500 hryvnias. Additionally, computer equipment, mobile phones, and three vehicles used for the transportation needs of the criminal group were seized.
During the investigation, it was revealed that the counterfeiters had created a full-fledged production line: they adjusted the equipment, conducted test prints, dried the film, and checked the quality of the counterfeit banknotes’ impressions.
The criminals produced both national and foreign currency
Currently, the members of the criminal group have been notified of suspicion for the production, storage, and sale of counterfeit money in large quantities. The pre-trial investigation is ongoing.