CloudSEK Researchers Expose Social Media-Based Counterfeit Currency Network, Unmasks Perpetrators

CloudSEK, a cybersecurity firm, announced that it has unmasked a syndicate involved in printing and selling counterfeit Indian currency. As per the firm, the group was marketing the fake notes via social media platforms such as Facebook and Instagram, and even used authentic marketing channels such as Meta ads. As per the report shared by the company, the group spread Rs. 17.5 crore worth of fake currency in just the last six months.