A 53-year-old Sri Lankan woman has been arrested by the Central Crime Investigation Bureau (CCIB) after police seized 60 bundles of counterfeit US$100 notes with a face value of US$700,000 during a raid in Kotikawatta.

The arrest was made at the suspect’s residence earlier today following an investigation into an alleged counterfeit currency operation.

Police said the fake currency haul has an estimated face value of around Rs. 210 million.

Investigators suspect the counterfeit notes were printed overseas and smuggled into Sri Lanka. Police further revealed that a Pakistani national is believed to be linked to the operation and is currently under investigation.

According to police, the suspects had allegedly used the counterfeit US dollar notes to deceive local businessmen and were preparing to exchange the fake currency at a rate of Rs. 284 per US dollar.

The suspect is scheduled to be produced before the Colombo Fort Magistrate’s Court No. 8 tomorrow.

Investigations are continuing to identify other individuals connected to the alleged counterfeit currency racket. (Newswire)

The post Millionaire on Paper: Fake US$700,000 Found in Sri Lanka appeared first on Newswire.

Police have arrested two foreign nationals from Tajikistan in possession of US$ 5,200 in counterfeit notes, foreign currency, and five mobile phones, following a tip‑off received by the Unawatuna Police Tourist Division this morning (07).

The suspects, aged 27 and 26, were taken into custody while staying at a lodge in Galle. 

According to the Police, the fake currency, valued at around Rs. 1.7 million, was seized during the operation.

Investigations revealed that the two men had attempted to rent motorcycles from a business catering to foreigners in Unawatuna by offering counterfeit dollars. 

Acting on the information, police tracked them down and made the arrests.

The suspects are scheduled to be produced before the Galle Magistrate’s Court tomorrow (08). (Newswire)

The post Tourist dream ends with fake dollar drama in Galle appeared first on Newswire.

The post Dollar rate: Comparison of first working days from 2021 to 2025 appeared first on Newswire.