Off the wire
• Kerber, Ferrer advance at China Open  • Stanford researchers test air bag bike helmet  • Urgent: Syrian army decides to reduce air raids over Aleppo  • Tebas returns to LFP Presidency after non-election  • S. Africa stocks close weaker Wednesday  • Pakistan pledges 500 mln USD for economic development projects in Afghanistan  • Switzerland has highest density of Michelin stars in Europe: media  • 1st LD: Former Portuguese PM Guterres selected to be next UN chief  • UAE's DP World launches biggest solar rooftop project in Mideast  • U.S. stocks rally amid data, surging oil  
You are here: 　 Home

Bulgaria busts counterfeit money gang

Xinhua, October 6, 2016 Adjust font size:

Bulgarian authorities have neutralized an organized criminal group responsible for making and distributing counterfeit euro banknotes, officials said on Wednesday.

An illegal printing press and fake 50-euro and 100-euro bills worth over 3 million euros (some 3.363 million U.S. dollars) were found and seized in a warehouse located in the industrial zone of Plovdiv, Bulgarian Ministry of Interior said in a press release.

During the operation held on Tuesday and Wednesday, authorities detained eight people in Sofia and Plovdiv.

It was found that the gang has distributed the counterfeit banknotes in most of the European Union countries, the ministry said.

The investigation is ongoing, the ministry added. Endit