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Spanish police bust largest-ever counterfeit euro ring in Europe |
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09:33, September 05, 2007 |
Spanish police said Tuesday that they had seized Europe's largest-ever haul of fake euros with a face value of 400,000.
Officers have also arrested six Romanians and four Bulgarians in connection with counterfeiting and distributing fake currency.
The investigation began in February when officers spotted an increase in notes in circulation.
The police said that most of the money was 200 euro notes of very high quality.
The authorities said that the counterfeiters were uncovered after several Romanians were caught using the money in pharmacies, shops and high turnover businesses aiming to pass the cash into circulation.
Source: Xinhua
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