Home Crime and Courts Man given fake $100 notes after dealing with Eastgate Mall forex dealers

Man given fake $100 notes after dealing with Eastgate Mall forex dealers

USD Notes

Man given fake $100 notes after dealing with Eastgate Mall forex dealers. A man was arrested in Harare yesterday on two counts of fraudulently changing fake US dollar bills at Eastgate Mall. His modus operandi before the arrest involved taking local currency and giving his clients counterfeits.

On the first count, he prejudiced a man of ZWL2680.00 after giving him a counterfeit US$100 note and in the second instance ZWL14 000, after giving his victim fake 700 US dollars.

Zimbabweans have shunned local bureau de changes opting instead to change their money on the black market where the exchange rate is more lucrative. So profitable is the forex parallel market that the majority of the country’s unemployed are now forex dealers.

However, in unfortunate circumstances, some fall victim to unscrupulous individuals. It is always advisable to deal with registered financial institutions to avoid problems.

However, in the case that you are desperate and have no choice,iHarare advises Members of the public to exercise due diligence when sourcing forex on the Black market.

You will only have yourself to blame for getting duped.

Source – iHarare

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