Open

Coming up

Don't miss

Replay


LATEST SHOWS

DEBATE

Gaza: A Truce At All Costs?

Read more

AFRICA NEWS

Central African Republic: Brazzaville ceasefire talks deliver fragile deal

Read more

FOCUS

Sluggish tourist season in Crimea

Read more

ENCORE!

Bartabas : Mixing Christ with Spanish music and dancing horses

Read more

IN THE PAPERS

Shifts in the propaganda war waged between Israelis and Palestinians

Read more

IN THE PAPERS

French MPs face quandary in pro-Palestinian rallies

Read more

THE INTERVIEW

Yezid Sayigh, Senior Associate at the Carnegie Middle East Center in Beirut

Read more

#TECH 24

Mind the Gender Gap : getting more women into the tech sector

Read more

INSIDE THE AMERICAS

Bolivian children: heading to work aged 10

Read more

  • Air Algérie crash site located, France sending military unit

    Read more

  • Air Algérie crash: 'We should eliminate the missile hypothesis'

    Read more

  • Deadly strike on UN shelter in Gaza Strip

    Read more

  • Pope meets with Sudanese Christian woman sentenced to death for apostasy

    Read more

  • Italy’s Nibali cruises to easy victory in 18th stage of Tour de France

    Read more

  • Iraqi parliament elects moderate Kurd as president

    Read more

  • US, European aviation agencies lift travel restrictions to Tel Aviv

    Read more

  • No end to fighting until Israel ends Gaza blockade, Hamas says

    Read more

  • Two foreign women shot dead in western Afghanistan

    Read more

  • At least 60 killed in attack on prison convoy near Baghdad

    Read more

  • Cycling is ‘winning the war on doping,’ says expert

    Read more

  • Ceasefire agreed for Central African Republic

    Read more

  • Can Jew-kissing-Arab selfie give peace a viral chance?

    Read more

  • Botched Arizona execution takes nearly two hours

    Read more

Europe

With mass arrests, police take on counterfeiters

Latest update : 2009-01-28

Italian police have arrested close to 100 people throughout the country in a bid to dismantle a vast network of counterfeiters who were producing fake euro notes. Police said they seized counterfeit bills worth an estimated €1.23 million.

AFP - Italian police have dismantled a vast network of fraudsters who have been making counterfeit euros with the arrest of almost 100 people across the country, an officer told AFP on Wednesday.
   
"We arrested 94 people in Italy, in 16 of the country's 20 regions," said Colonel Carlo Pieroni, police spokesman in Calabria in southern Italy.
   
He said the counterfeiters had also been operating in other European countries including Germany, Spain, Lithuania and France.
   
Two people had been arrested in Spain last year as part of the investigation into the counterfeiting, he added.
   
Italian police said they had seized 1.23 million euros (1.6 million dollars) of counterfeit notes.
   
"This investigation began as a probe into drug trafficking and it led us to discover the counterfeit network. They made notes in denominations of 20, 50 and 100 euros of a good quality as well as one and two euro coins," Pieroni said.
   
Some 700 police officers took part in the operation which involved 150 searches. They uncovered four laboratories where the fake bills and coins were made.
   
Some of counterfeit money made its way into the illegal drug trade and was found in Latin America, Pieroni said.
   
This crackdown on counterfeit euros came the day after Italian police announced the dismantling of a network making fake Algerian dinars worth about 3.5 million euros, which was operating near Naples.
 

Date created : 2009-01-28

COMMENT(S)