The fifty euro note was counterfeited in a factory building in Ponticelli, a district of Naples. The Financial Police stormed the building in the early hours of the morning, arresting seven people, including a 70-year-old printer with a criminal record, whom the authorities consider to be the chief counterfeiters.
The value of the seized counterfeit money is close to fifty million euros. Eighty other notes were also found in the machines used for counterfeiting, each of which could produce twelve notes. According to the authority's experts, the counterfeiters used the so-called offset technology, through which they were able to print an almost perfect copy of the original five-euro banknote.
The counterfeiters are members of the crime syndicate known as the Naples Group. They moved to Ponticelli in April and have been under surveillance by the authorities since then.
The forgers worked non-stop: all seven stood in shifts next to the machines that never stopped.
At the time of the police raid, two of them were asleep and the others were working. Money was constantly being moved out of the building com. furgonokkal.
Authorities confirmed that the gang used professional machines to print money and was very well organised: strangers brought food to the counterfeiters, so they never had to leave the building.
Naples and its surroundings are the traditional territory of counterfeiters and, among other things, they are able to produce money and passports of professional quality. According to MTI, over the past five years sixteen people have been arrested on charges of counterfeiting money, five printing presses have been confiscated and counterfeit euros worth one hundred million euros have been confiscated.
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