French cops smash counterfeiting ring

French police have smashed a vast cash counterfeiting ring that printed over nine million euros ($11 million) and is described as the biggest ever in France, a police source said Thursday.

June 15, 2012

Talat Zaki Hafiz



PARIS — French police have smashed a vast cash counterfeiting ring that printed over nine million euros ($11 million) and is described as the biggest ever in France, a police source said Thursday. Police raided the money-printing factory in Seine-et-Marne east of Paris Tuesday and Wednesday, the source said, adding that the operation had printed more than 350,000 counterfeit 20- and 50-euro notes. France’s Central Bureau for Fighting Counterfeiting (OCRFM) has been working on the case since the counterfeit notes first appeared in circulation in 2007. While officers had over several months made dozens of arrest, notably members of the traveller community distributing the notes, they had not until now found the master counterfeiter or the print works, the source said. — AFP


June 15, 2012
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