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Conflict Incident Report

Transnational counterfeit currency network busted

Date of incident: 
December 8, 2017
Death toll: 
0persons
Number of Injured: 
0persons
Actors/Parties Involved: 
General Security

General Security announced that they had captured an international network of currency counterfeiters that smuggled fake cash between Lebanon and Iraq.

Suspect B.H.F., born in 1974, made confessions following his detention that led to the arrest of Lebanese national M.H.M., born in 1975, a General Security statement said.

Upon raiding the latter’s home, General Security said they discovered a counterfeit currency production facility. A total of $848,000 and 4.1 Million Iraqi dinars ($3,434) in fake currency were found in the property, in addition to scanners, papers used to print money, cell phones, electronic devices and a large quantity of weapons and ammunition.

Having been confronted with the evidence, the suspect reportedly admitted to heading a gang that produces fake currency destined to be smuggled into Iraq by a man identified as Iraqi national Y.N.R., who was arrested by Iraqi authorities at Baghdad’s airport while trying to smuggle currency into the country.

This security incident was mapped according to the closest possible location.
Primary category: 
Arrest/Detention
Secondary Category: 
Illicit Trade/Trafficking/Smuggling
Classification of conflict (primary): 
Power & governance conflicts
Violent or non-violent conflicts associated with antagonisms related to internal political tensions between local and/or national groups and parties. These tensions may be encouraged by internal, regional and international parties. Such conflicts are characterized by their defiance and/or opposition to central State power and governance.