Sources for "Erm News": counterfeit coins weighing millions of pounds in Egyptian markets



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Source: Mohamed Abdel Fadil – Tram News

A high-level banking source in Egypt has discovered the spread of millions of counterfeit 100-pound currencies, while local markets are flooded as security and banking authorities try to control the situation and collect these currencies in the markets.

The source, who preferred not to be named in comments to "Erm News", "Counterfeit money can only be discovered by an expert through ultraviolet rays."

The source pointed out that there was "an official obsession with the crisis, while the currency was uncovered, and the work of a record, and sent to the department of counterfeiting and forgery of the Bank Central ".

He added that the fake papers flooding the market "most of them are currently in the ATMs, discovered during the draw of the branch of the National Bank (government) in the district d & rdquo; Omrania, in the capital ".

The source said the central bank had discovered, after research and investigations, that "more than 20 bank branches had these papers," in addition to markets teeming with counterfeit securities, while some would be likely to have committed fraud abroad.

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