Friday, January 27, 2023
More

    Romania Cracks Major Counterfeiter Of Plastic Banknotes

    -



    The Romanian anti-organized crime authority announced on Wednesday that it had cracked a counterfeit gang that had forged more than 1.7 million lei (396,600 United States dollars).


    According to a press release of the Directorate for Investigating Organized Crime and Terrorism (DIICOT), five home searches were carried out on Wednesday in the capital of Bucharest and neighboring Busteni Town and three people involved were arrested.

    The gang had forged 17,065 banknotes with the face value of 100 lei since 2014. The DIICOT claimed that it had managed to produce the best fakes in Romania‘s history and to become the largest counterfeiter of plastic banknotes in the world.

    Due to the superior quality of reproduction, being made on polymer support and imitating all safety elements intended for the public, no cashier of any commercial units or financial institutions realized at the time of receiving the banknotes that they were fakes.

    Actually, these fake banknotes were finally identified in the financial circuit, mainly in cash processing centers, according to the DIICOT.

    Romania issued plastic banknotes for the first time in 1999, becoming the first country in Europe to abandon paper money.

    (XINHUA)

    - Advertisement -

    Comments

    Related articles

    Trending