Three arrested in Georgia after finance ministry seizes USD 20,000 in counterfeit USD 100 notes

Three people have been arrested in Georgia for distributing 20,000 in counterfeit US currency, following a joint operation by the Investigation Service of the Ministry of Finance and the Regional Prosecutor’s Office of Western Georgia.

An investigation revealed that the suspects conspired as an organised group to distribute 200 forged USD 100 banknotes, with a face value of USD 20,000, to generate illegal material gain.

Investigators confirmed that all 200 forged banknotes were recovered during the operation.

The case is being investigated under Article 212 of the Criminal Code of Georgia, which covers the distribution of counterfeit currency and carries a sentence of seven to ten years’ imprisonment.