Two foreign nationals arrested in ₹20 lakh fake currency scam in Hyderabad; ₹10 lakh recovered
Miyapur police arrested two foreign nationals for defrauding a Hyderabad resident of ₹20 lakh through a fake 'currency multiplication' chemical scam. Authorities recovered ₹10 lakh in cash along with counterfeit notes and materials used to facilitate the deception.
Why it matters
This case underscores the prevalence of sophisticated financial fraud targeting individuals and the importance of public awareness regarding 'get-rich-quick' schemes.
Two foreign nationals were arrested by the Miyapur police and the Central Crime Station (CCS), Narsingi, for cheating a Hyderabad man of ₹20 lakh by convincing him they could double his money through a fake chemical-based currency multiplication process. Police recovered ₹10 lakh in cash along with fake currency notes and materials allegedly used in the fraud.
The accused were identified as Toure EL Hadji Mahamane alias Fokou Tamen Romuald alias Rolin (49), a businessman residing in Attapur, Hyderabad, who is originally from Segou, Mali, but holds a Cameroon passport, and Tchouanyou Adolphe alias Auram (62), an online businessman residing in Vasant Kunj, New Delhi, who is originally from Bandjoun, Cameroon.
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