PARIS –
A forger suspected of printing 11 million euros’ ($16,600,000) value of faux financial institution notes was arrested within the Italian metropolis of Naples final week, European police physique Europol stated on Monday.
Europol stated the person who was arrested, whom it didn’t identify, had already bought 8 million euros’ value of faux notes throughout Europe and added that police seized practically 3 million euros of faux notes once they raided his Naples printing web site.
“Moreover, the arrested counterfeiter is believed to be accountable for over 27% of all faked euro banknotes found and brought out of circulation in 2023 alone,” Europol stated.
Europol, which is headquartered in The Hague, stated French police have been additionally concerned within the arrest as a result of the forger had circulated lots of the pretend notes by means of France.