Europe’s Second-Largest Counterfeit Currency Network On The Dark Web Taken Down In Portugal

The Portuguese Judicial Police (Polícia Judiciária) dismantled Europe’s second-largest counterfeit currency network on the dark web with Europol’s support. Five individuals have been arrested and are accused of counterfeiting and organised crime. Counterfeit banknotes were seized across Europe, notably in France, Germany, Spain and Portugal, worth over € 1.3 million.

Following the investigation, eight domestic and non-domestic searches were carried out in Portugal. Law enforcement officers seized 1 833 counterfeit banknotes: 1 290 €50 banknotes and 543 €10 banknotes, totalling €69 930. Several objects related to the production were also seized, such as computers, printers, security paper with security thread incorporation, holograms and self-adhesive holographic bands, ultraviolet inks and ink cartridges.

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Source: Europol