jakarta globe

Jakarta – The police have rounded up a counterfeit money syndicate, arresting three suspects and seizing Rp 7 billion ($530,000) of fake notes in the process.

The alleged producer and distributor of the group, Eko Yulianto a.k.a. Handoko, was arrested in Magelang, Central Java, on Wednesday (20/07). Hariyanto the buyer and Handoko’s assistant Aris Munandar were taken in the day after at the same location.

According to the police’s economic and special crimes director, Brig. Gen. Agung Setya, the authorities had learned of the syndicate from people they arrested in a parking lot at the UKI Hospital in Cawang, East Jakarta, on June 7.

“We already arrested two of the group’s members at UKI. We got the information about the producer in Magelang from them,” Agung said in Jakarta on Friday.

From the suspects, the police seized 5,000 fake Rp 100,000 notes and 4,000 fake Rp 50,000 notes — Rp 7 billion in fake bills all up.

They also seized two printers, one paper cutting machine and four packs of uncut Rp 100,000 notes.