Share

Fake cash: Man bust at Pretoria guesthouse with R2m in counterfeit notes

0:00
play article
Subscribers can listen to this article

A man is expected to appear in the Pretoria Magistrate's Court on Monday after allegedly being found with piles of bank notes that turned out to be counterfeit.

Police spokesperson Captain Mavela Masondo said they had received a tip-off to follow up on two men who had booked in at a local guesthouse in Pretoria West on Friday.

Officers proceeded to a room at the guesthouse.

"As they entered, one of the suspects ran away, while the second suspect was found with R200 and R100 notes," Masondo said.

"Preliminary investigation revealed that the notes were counterfeit and worth more than R2 million."

In January, police made a similar bust when they arrested a man in the east of Pretoria for possession of R1.8 million in counterfeit notes, and drugs with an estimated street value of R45 000, the Rekord East reported.

Police had also previously recovered suspected counterfeit notes in a lock-up garage at a block of flats in Gezina, Pretoria.

News24 reported that three men were arrested in connection with the discovery.

 - Compiled by Jenna Etheridge.


Did you know you can comment on this article? Subscribe to News24 and add your voice to the conversation.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Voting Booth
Do airplane mishaps have any effect on which airline you book your flights with?
Please select an option Oops! Something went wrong, please try again later.
Results
No, these things happen. I pick based on price
49% - 616 votes
Yes, my safety matters. I don't take any chances
51% - 643 votes
Vote
Rand - Dollar
19.10
+0.1%
Rand - Pound
23.78
+0.1%
Rand - Euro
20.44
+0.1%
Rand - Aus dollar
12.45
-0.4%
Rand - Yen
0.12
+0.1%
Platinum
920.70
+0.1%
Palladium
1,032.00
+0.6%
Gold
2,328.25
+0.3%
Silver
27.41
+0.4%
Brent-ruolie
88.42
+1.6%
Top 40
68,051
0.0%
All Share
74,011
0.0%
Resource 10
59,613
0.0%
Industrial 25
102,806
0.0%
Financial 15
15,897
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE