Society
EFCC Probes Man Arrested With Fake $212,200 In Kano
The Economic and Financial Crimes Commission (EFCC) has commenced investigation into a man, Usaini Ibrahim, arrested in Kano with counterfeit United States currency worth $212,200.
The EFCC disclosed this in a post on its official X account on Thursday, September 17, 2026.
Ibrahim was arrested on September 3, 2026, by operatives of the National Drug Law Enforcement Agency (NDLEA) along Maiduguri Road in Kano following the discovery of the counterfeit notes.
The NDLEA subsequently handed over Ibrahim and the fake currency to the EFCC for further investigation and possible prosecution.
The formal handover took place at the EFCC Kano Zonal Directorate, where the Acting Zonal Director, ACE1 Friday S. Ebelo, received the suspect and the exhibits.
A representative of the NDLEA, Deputy Superintendent of Narcotics Yahaya Labaran, expressed the agency’s appreciation for its continued collaboration with the EFCC in tackling financial crimes.
Ebelo, while acknowledging the handover, said the EFCC remained committed to tackling the circulation of counterfeit currencies and fraudulent schemes.
He also warned members of the public against “money doubling” scams, which he said often involve the use of counterfeit notes to defraud unsuspecting victims.
“Such fake currencies coming into the economy do not paint a good picture of us,” Ebelo said.
He urged members of the public to remain vigilant and avoid individuals offering to double money or engage in other financial schemes through questionable means.
The EFCC said Ibrahim remains in its custody and will be arraigned in court after the conclusion of investigations.
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