Gaza police uncover forgery network
Published Thursday 04/07/2013 (updated) 05/07/2013 10:24
GAZA CITY (Ma'an) -- Police on Wednesday arrested two men in the northern Gaza Strip suspected of involvement in a network forging Israeli currency.
Inspector Talal Ali said a suspect was arrested in the Shujaiyya neighborhood of Gaza City in possession of 20-million-shekels ($5.5 million) of counterfeit 100-shekel notes.
The suspect said he received the bills from another man, who police detained and interrogated, Ali told Ma'an. Police found 350,000 shekels in forged notes in a raid on the second suspect's home, Ali said.
A third man is suspected of supplying the counterfeit currency. A machine used to forge bank notes was found at his home as well as paper used to print the currency, the inspector said.