Counterfeit dollars circulating in the country: MMA

The Maldives Monetary Authority (MMA) has warned there are counterfeit US dollars circulating in the country, reports Miadhu.

The MMA said Police had recently discovered counterfeit 100 dollar notes printed on good quality paper. There are also lower quality fake prints of 20 and 50 dollar notes, according to MMA.

Police said the counterfeit notes are worth around US$400,000 and are printed under eleven serial numbers, making it difficult to determine their authenticity.