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.

Comments

Italy's Mario Draghi calls for radical change in Europe

EU foreign policy chief Josep Borrell warns Middle East 'on edge of regional war'

Watch: Search continues over Italian power plant explosion

Italy Euro

You might also like