Euro forger who produced EUR 11 million in fake bills arrested in Italy

Source: Europol

Leading up to the action day, authorities across Europe had seized counterfeit banknotes of various denominations (mostly 20, 50 and 100 euros) worth around EUR 950 000 before they entered circulation, all traceable to the same producer. Furthermore, the arrested counterfeiter is believed to be responsible for over 27% of all faked euro banknotes discovered and taken out of circulation…