RCMP uncovers major counterfeit currency plant



    TORONTO, June 6 /CNW/ - On May 30th, 2008, following an intensive
investigation, the Greater Toronto Area Commercial Crime Section of the Royal
Canadian Mounted Police (RCMP) has dismantled a currency counterfeiting plant
in Markham, Ontario. With the assistance from the York Regional Police, the
RCMP effected the seizure of over $4 million in counterfeit Canadian $20
Journey Series banknotes as well as the printing equipment. Charged with
several counterfeiting offences are;

    Rehan Bawania (aged 24) of Toronto, Ontario
    Kusan Rasanayagam (aged 26) of Markham, Ontario

    This is the largest seizure of Canadian Counterfeit currency in Canada in
the last 20 years. We believe that the seizure occurred before any of the
counterfeit banknotes, which were in various stages of production, had been
distributed. The investigation is ongoing.
    Counterfeit banknotes are typically sold to criminal distribution
networks and are ultimately passed to unsuspecting individuals, merchants and
financial establishments who sustain a loss equal to the notes' full face
value.
    "The success of this investigation is in large part attributable to the
excellent co-operation provided by our partners at the Bank of Canada and the
York Regional Police Service," said Inspector Brian Verheul, officer in charge
of the RCMP's Greater Toronto Area Commercial Crime Section. "Counterfeiting
continues to de-stabilize Canada's economy, this seizure demonstrates the
RCMP's commitment to ensuring Canada's economy is secure. This is a
significant step in law enforcement's battle to maintain confidence in our
Canadian currency."
    The Bank of Canada advises that even though this counterfeit operation
has been put out of business, it is still important for retailers and the
public to remain vigilant as counterfeit notes from other criminal sources may
still be in circulation.
    Counterfeit bank notes can be easily detected when you check two or more
security features. By making a habit of regularly checking security features
on bank notes, counterfeiters will not succeed in getting their bogus notes
into Canada's cash supply. Training materials on counterfeit detection can be
obtained by calling the Bank of Canada's toll-free number at 1-888-513-8212.
They can also be downloaded from the Bank's website at
www.bankofcanada.ca/en/banknotes.





For further information:

For further information: Cpl. Marc LaPorte, RCMP "O" Division, Media
Relations Officer, (519) 640-7302 - office, (416) 992-4409 - mobile


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