Gaza Rolling in Fake Money

(Al-Monitor) Hana Salah - On July 11, Gaza police raided a large factory printing fake money in Gaza City. "Some find counterfeiting banknotes an easy way to make illicit money," said Seif Eddin Audi, an assistant professor at the Islamic University of Gaza. "False bills are not easily transferred outside the Gaza Strip. They are immediately detected by the currency exchange offices and banks." The most commonly seen counterfeit banknotes in Gaza are the $100 bill and notes for 100, 50 and 10 shekels.


2018-07-31 00:00:00

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