Law enforcement officers have completed a pre-trial investigation into the case of a 59-year-old resident of Kyiv region who organized the sale of counterfeit banknotes and engaged in illegal circulation of counterfeit national and foreign currency. The indictment has been submitted to the court. The Kyiv Regional Prosecutor's Office reported this.
According to the investigation, the man did not act alone - he worked as part of an organized group that systematically sold counterfeit money. The currency was manufactured using high-quality technologies, which made it difficult for untrained individuals to detect it.
The accused found clients through personal connections, offering them counterfeit banknotes in denominations of 500 UAH, 50 and 100 USD. The cost of the counterfeits was from 30% to 65% of the market price of real money. Investigators recorded a number of facts of sale of such banknotes.
During the searches, counterfeit money worth over 2.3 million hryvnias was seized from the suspects. The examination confirmed that the banknotes were not genuine and were manufactured in violation of the National Bank's technologies.
The man is charged with repeated commission of crimes as part of a group of persons under articles of the Criminal Code of Ukraine that provide for liability for the production, storage, and sale of counterfeit currency. He faces a long term of imprisonment.
