{"id":24821,"date":"2022-10-15T12:30:02","date_gmt":"2022-10-15T12:30:02","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/man-nabbed-with-l1-3m-counterfeit"},"modified":"2022-10-15T12:43:50","modified_gmt":"2022-10-15T12:43:50","slug":"man-nabbed-with-l1-3m-counterfeit","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/man-nabbed-with-l1-3m-counterfeit","title":{"rendered":"Man Nabbed with L$1.3M \u2018Counterfeit\u2019"},"content":{"rendered":"

Africa-Press – Liberia. <\/strong><\/span>Banknotes believed to be counterfeit and valued at more than L$1 million have been seized by customs officers assigned to the Roberts International Airport.<\/p>\n

The money in question was allegedly confiscated from one Samuel Carlos upon arrival at the Airport via an Asky Airlines flight. The seized currency, according to the Liberia Revenue Authority was in the amount of L$1.3 million \u2014 and in two denominations \u2014 L$100 and L$500.<\/p>\n

At the exchange rate of 150, the money would have fetched Carlos nearly US$9,000 \u2014 signaling that counterfeiting Liberia currency in higher denomination is a lucrative business.<\/p>\n

This latest arrest comes ten months after the Central Bank of Liberia seized L$1 million worth of counterfeit banknotes, in the denomination of L$500 notes. Also, in 2021, a 33-year-old Nigerian man, Ementuche Benjamin, was arrested in Lofa County with L$1 million in L$500 denominations.<\/p>\n

\u201cOn Oct 12, (night hours) the Customs Department of the Liberia Revenue Authority (LRA) seized L$1.3 million banknotes at the Roberts International Airport (RIA),\u201d D. Kaihenneh Sengbeh, LRA spokesman said. \u201cThe currency was purportedly transported by an arriving passenger on ASKY flight. An investigation by multiple agencies is currently ongoing to establish the authenticity of the banknotes and surrounding circumstances.\u201d<\/p>\n

Carlos\u2019 arrest comes as the Central Bank of Liberia rolls out across the country a new family of Liberian currency, with new security features, that strengthen it. The CBL printed L$100 and the existing L$500 banknotes, when held up and flipped, the seal on the banknotes becomes visible inside the left white field and the stars in the threads across the notes do move.<\/p>\n

But counterfeit banknotes in such a high denomination do not have such features. Moreover, the paper used for the counterfeit banknotes can be easily detected from their feel and look as well. Meanwhile, the CBL\u2019s Communication Director, Cyrus W. Badio, has disclosed that the state is investigating the latest seizure, after which the Bank \u201cwill be informed officially for technical evaluation to ascertain whether the said money is counterfeit banknotes.\u201d<\/p>\n

For More News And Analysis About Liberia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Liberia. Banknotes believed to be counterfeit and valued at more than L$1 million have been seized by customs officers assigned to the Roberts International Airport. The money in question was allegedly confiscated from one Samuel Carlos upon arrival at the Airport via an Asky Airlines flight. The seized currency, according to the Liberia […]<\/p>\n","protected":false},"author":84,"featured_media":24820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,5],"tags":[233,237,234],"class_list":["post-24821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-economy","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"\nMan Nabbed with L$1.3M \u2018Counterfeit\u2019 - Liberia<\/title>\n<meta name=\"description\" content=\"Banknotes believed to be counterfeit and valued at more than L$1 million have been seized by customs officers assigned t ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/man-nabbed-with-l1-3m-counterfeit\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Man Nabbed with L$1.3M \u2018Counterfeit\u2019\" \/>\n<meta property=\"og:description\" content=\"Banknotes believed to be counterfeit and valued at more than L$1 million have been seized by customs officers assigned t ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/liberia\/all-news\/man-nabbed-with-l1-3m-counterfeit\" \/>\n<meta property=\"og:site_name\" content=\"Liberia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-15T12:30:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-15T12:43:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/10\/postQueueImg_2-634aaaef19c58.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/man-nabbed-with-l1-3m-counterfeit#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/man-nabbed-with-l1-3m-counterfeit\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Man Nabbed with L$1.3M \u2018Counterfeit\u2019\",\"datePublished\":\"2022-10-15T12:30:02+00:00\",\"dateModified\":\"2022-10-15T12:43:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/man-nabbed-with-l1-3m-counterfeit\"},\"wordCount\":349,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/man-nabbed-with-l1-3m-counterfeit#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/10\/postQueueImg_2-634aaaef19c58.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Liberia\",\"Liberia\"],\"articleSection\":[\"all news\",\"community\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/man-nabbed-with-l1-3m-counterfeit#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/man-nabbed-with-l1-3m-counterfeit\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/man-nabbed-with-l1-3m-counterfeit\",\"name\":\"Man Nabbed with L$1.3M \u2018Counterfeit\u2019 - 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