Pakistan, Bangladesh and other countries dumped Rs 1,80,000 crore of fake money into Indian economy
Special Correspondent
Jul. 30, 2009

This is a new terror threat from Pakistan and other foreign nations. Indian economy faces hyper inflation because of mountains of fake money in circulation. Pakistan and other countries dumped Rs 1,80,000 crore of fake money into Indian economy.

In India people are withdrawing money from ATM machine and then finding that some notes are fake.

Last month when Maharashtra Crime Branch and Anti-terrorism Squad sleuths caught six persons with counterfeit currency worth over Rs 9 lakh, they themselves couldn''t make out the difference between the fake and genuine notes.

Indian economy faces severe hyperinflation because fake currencies in circulation. The police say arresting the carriers has not taken them to FICN masterminds. "The carriers are briefed on a need-to-know basis and are not aware of the entire network," said a Maharashtra crime branch official. Intelligence agencies are fairly certain that the brains behind the FICN racket are sitting in Bangladesh and Pakistan. As proof, they cite the seizure of an Indian currency-minting machine in Bangladesh in 2006.

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Special Correspondent
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