Italian police uncover huge fake euro banknote factory near Naples

By Euronews

Published on 09/01/2015 - 05:23

Italian police have made one of their biggest seizures of fake currency for years. They say unfinished 50-euro banknotes worth more than 50 million

Italian police have made one of their biggest seizures of fake currency for years.

They say unfinished 50-euro banknotes worth more than 50 million euros, along with sophisticated printing presses, were discovered inside the warehouse of a sewerage plant south of Naples.

A court has ordered the arrest of five men for allegedly running the operation.

It’s estimated that half of all the fake notes in the eurozone are printed in the area.

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