Beware there are fake banknotes of euro currency in market, gang busted in Croatia

BusinessBeware there are fake banknotes of euro currency in market, gang busted...

Brussels: Croatian National Police along with European Union police agency Europol has busted a gang involved in printing of fake Euro currency. It took around five months to police to reach out and arrested the gang members. Europol got information that fake Euro currency is being printed in October 2012 when some banknotes of value of 50 euro were found fake and in European markets. A hunt trail was started that ended in Croatia.
Europol and Croatian National Police started work with 150 police officers in different cities including Bjelovar, Cakovec, Koprivnica, Varazdin and Zagreb. The actual print shop was located in Bjelovar.
The operation became very dramatic when one of the suspects in Zagreb threatened the police with a hand grenade, Europol said. Police overpowered the suspect before the grenade was dropped and no one was injured.
With the arrest of the suspects, the entire organised criminal group was busted from top the top down, Europol said.
During the raids, all the equipment for the production of notes was seized, as well as 3600 counterfeit 50 euro banknotes (180.000 euro) and 63 pages of uncut, 50 British (sterling) banknotes were seized.

Asad Haroon
Asad Haroon
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