THE Tshwane Metro Police Department (TMPD) has recovered over R3,5 million in counterfeit money.
On Friday, 12 August TMPD conducted an operation following a syndicate dealing in money laundering and counterfeit money.
TMPD spokesman Isaac Mangena said during the operation, the cops were following a convoy of suspicious vehicles comprising a red Range Rover, two Mercedes-Benz and a Toyota Corolla.
“They stopped and searched the red Range Rover vehicle at Arcadia Street, and a counterfeit R100 note was found.
“Upon further questioning, the driver led them to the premises at Stanza Bopape Street where more fake money was kept,” Mangena said.
He said at the premises, a steel box full of counterfeit money was found along with chemicals used to clean the money.
“The counterfeit money found amounts to more than R3,5 million. The officers also discovered that the name of the suspect matches the suspect who was sought for money laundering,” Mangena said.
He said the suspect was then arrested for possession of counterfeit banknotes and will appear in court soon.
