Three persons have been arrested and charged with counterfeiting and economic sabotage.
Police Tuesday arraigned Suspects Peter Cole, Henry Cooper and Zayzay Kollie before the Monrovia Magisterial Court where they were acquainted with their Miranda right in keeping with law.
But defense lawyers’ failure to secure criminal bond for the defendants’ temporary release landed them at the Monrovia Central Prison, pending notice of assignment as provided by law.
According to court record the suspects were arrested in possession of printed counterfeit of one hundred Liberian dollar bills, a violation of Chapter 15.70 and 15.80 of the criminal law of Liberia.
The printed amount was in the tone of LD$58,000, which they were about to infuse into circulation.
Fifty eight pieces of counterfeit banknotes, one computer and printer, as well as instruments used to manufacture the counterfeit note were seized from them, according to court record.
While en route to prison, Defendant Zayzay Kollie admitted to the act but pleaded with government to have mercy on him and his partners, saying, "It was the work of the devil."