Europol has announced the arrest of members of one of Europe’s most prolific counterfeit currency networks.
Believed to be the second-largest known counterfeit currency ring operating in the web’s underbelly, the network has now been dismantled following the arrest of five individuals suspected of being involved in the creation of fake currency, Europol said on Monday.
The Portuguese Judicial Police (Polícia Judiciária) arrested the suspects, who have not been named. Each, however, is accused of counterfeiting and organized crime.
During the operation, made possible through Europol’s financial and operational support on the day of the arrests, law enforcement also seized counterfeit currency worth €1.3 million across France, Germany, Spain, and Portugal
Read the original article here: zdnet.com
Get headlines, breaking news, and jobs announcements delivered to your inbox. Sign up for our daily newsletter.