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Jakarta Post

Police arrest five over counterfeit dollar bills

News Desk (The Jakarta Post)
Jakarta
Thu, February 1, 2018

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Police arrest five over counterfeit dollar bills Jakarta Police spokesman Sr. Comr. Argo Yuwono (center) presents counterfeit dollar bills during a press conference at the police headquarters in South Jakarta on Thursday. (kompas.com/Sherly Puspita)

T

he Jakarta Police have arrested five people for allegedly circulating 3,000 counterfeit US$100 bills in Serpong, South Tangerang.

Two of the suspects were identified as AS, 60, and DP, 33, who were allegedly selling fake cash supplied by the other three suspects, YM, 59, IS, 56, and R, 50.

Jakarta Police spokesman Sr. Comr. Argo Yuwono said AS and DP had sold the bogus banknotes for Rp 4,000 (29 US cents) a piece.

The two were arrested while reportedly selling the fake money in front of a junior high school in Serpong.

Police say they had admitted to having obtained the money from YM, who was later arrested in a house in Cibodas Sari, Tangerang.

YM had told police he had got the fake money from IS, who had been arrested in Parung Panjang, Bogor, Argo said.  

“IS sold 3,000 counterfeit bills to YM for Rp 16 million. However, it’s odd that YM sold the [fake] dollars to AS and DP for only Rp 13 million. We’re still investigating this matter,” Argo said on Thursday, as quoted by kompas.com.

IS reportedly told police that he had got the counterfeit money from R.

R, in turn, reportedly told police he had got the money from a person identified as O, who remains at large.

The suspects are charged under Article 245 of the Criminal Code, which carries a maximum sanction of 15 years in prison. (cal)

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