A suspect among a fraud syndicate which specializes in producing fake foreign currencies busted by the Kwara State Police Command, have disclosed that they only defraud greedy people.

The Police Boss who disclosed that the syndicate specialised in defrauding innocent commuters of their money in exchange for fake foreign currencies, raised the alarm that fraudsters had devised new means of swindling money out of unsuspecting members of the public, advising people to be wary of the vehicles they boarded.

According to Fafowora, the suspects met their waterloo after they defrauded two victims, Mrs. Adekeye Feyisayo of N1.055m and Bilikis Abdulkareem and five others victims of N3.5m.

“The suspects pretend to be taxi operators and defraud their unsuspecting passengers. Their operational vehicle, a Mazda 323 with registration number, FUF 646 XA, Kwara taxi colour, has been recovered.”

However on their own part, a suspect Adebayo Akeem, said the gang usually went after greedy people by luring their victims with foreign currencies.

He said, “Those people that have ojukokoro (greedy people) are the ones we collect money from. We have dealt with two people. At times, we connive with the aides of rich people to defraud them.”